Code of Alabama - Title 22: Health, Mental Health, and Environmental Control - Section 22-23A-14 - Interest exemption
Section 22-23A-14 - Interest exemption.
All 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 1988, 1st Ex. Sess., No. 88-857, p. 338, §14.)