Code of Alabama - Title 45: Local Laws - Section 45-25-250.12 - Exemption from usury statutes

Section 45-25-250.12 - Exemption from usury statutes.

The authority now or hereafter organized under this article is exempted from the laws of the State of Alabama governing usury and prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8.

(Act 89-426, p. 893, §13.)

Last modified: May 3, 2021