Alabama § 11-11-8 Exemption from Usury and Interest Statutes

Alabama Statutes

§ 11-11-8 — Exemption from Usury and Interest Statutes

Alabama § 11-11-8

Title 11Counties and Municipal Corporations

Ch. 11Issuing of Warrants in Anticipation of Gasoline Taxes

This text of Alabama § 11-11-8 (Exemption from Usury and Interest Statutes) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 11-11-8 (2026).

Text

Any warrants issued by a county under the provisions of this chapter in anticipation of and payable solely out of that portion of the highway gasoline tax required by law to be distributed to counties which are subject to the provisions of this chapter are hereby exempted from the laws of the state of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8.

Free access — add to your briefcase to read the full text and ask questions with AI

Any warrants issued by a county under the provisions of this chapter in anticipation of and payable solely out of that portion of the highway gasoline tax required by law to be distributed to counties which are subject to the provisions of this chapter are hereby exempted from the laws of the state of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8.