Each such authority is and shall be exempt 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 1980, No. 80-659, p. 1337, §2.)
Historical Preservation Authorities - Exempt from Usury or Other Interest Limiting Laws
Ala. Code § 41-10-153, under Historical Preservation Authorities.
Ala. Code § 41-10-153