Any warrants issued by a county under the provisions of this division for the purpose of paying the cost of reappraisal of property as required by Division 1 of this article are hereby exempted from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8. (Acts 1975, No. 1129, p. 2223, §1.)
Warrants Exempt from Laws Relative to Usury, Interest, Etc
Ala. Code § 40-7-99, under County Bonds for Purpose of Paying Costs of Reappraisal.
Ala. Code § 40-7-99