Exemption from Usury and Interest Laws

Ala. Code § 45-39-221.09, under Tourism.

Ala. Code § 45-39-221.09

The tourism board shall be exempt from all laws of the state governing usury or prescribing or limiting interest rates, including, but not limited to, Chapter 8 of Title 8. (Act 2014-267, p. 859, §10.)