Code of Alabama - Title 22: Health, Mental Health, and Environmental Control - Section 22-23B-10 - Usury exemption

Section 22-23B-10 - Usury exemption.

All notes, bonds or other securities issued by the authority shall be exempt from the laws of the state governing usury or prescribing or limiting interest rates, including, but without limitation, the provisions of Chapter 8 of Title 8.

(Acts 1997, No. 97-415, §10.)

Last modified: May 3, 2021