Code of Alabama - Title 11: Counties and Municipal Corporations - Section 11-54A-16 - Exemption from usury and interest laws

Section 11-54A-16 - Exemption from usury and interest laws.

The authority shall be exempt from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, but without limitation to, the provisions of Chapter 8 of Title 8, as it may at any time be amended.

(Acts 1985, No. 85-683, p. 1080, §16.)

Last modified: May 3, 2021