Alabama Statutes
§ 11-101A-18 — Exemption from Usury Laws
Alabama·Title 11 Counties and Municipal Corporations·Ch. 101A Acquisition of Real and Personal Property for Lease to United States
An authority shall be exempt from all laws of the state governing usury or prescribing or limiting interest rates, including, but without limitation to, Chapter 8 (commencing with Section 8-8-1) of Title 8.
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Legislative History
(Act 2001-642, p. 1317, §1.)
Nearby Sections
15
§ 11-1-1
Number and Names of Counties§ 11-1-2
County Declared a Body Corporate