An authority shall be exempt from all general laws of the state governing usury or prescribing or limiting interest rates, including, without limitation, Chapter 8 of Title 8, as amended or replaced. (Act 2009-337, p. 569, §23.)
Exemption from Usury Laws
Ala. Code § 11-92B-23, under Developmnet of Former Federal Military Installations.
Ala. Code § 11-92B-23