An authority shall be exempt from all laws of the state governing usury or prescribing or limiting interest rates, including, but without limitation to, the provisions of Chapter 8 of Title 8. (Acts 1982, No. 82-418, p. 629, §19.)
Exemption from Usury and Interest Laws
Ala. Code § 22-21-328, under Health Care Authorities.
Ala. Code § 22-21-328