Alabama Statutes

§ 11-11A-4 — Exemption from Usury or Interest Provisions

Alabama·Title 11 Counties and Municipal Corporations·Ch. 11A Warrants Issued in Anticipation of Ad Valorem Taxes
Any warrants issued by a county under 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, as amended.

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Legislative History

(Acts 1979, No. 79-671, p. 1180, §4.)

Nearby Sections

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