Alabama Statutes

§ 11-50-415 — Exemption from Usury and Interest Statutes

Alabama·Title 11 Counties and Municipal Corporations·Ch. 50 Public Utilities·Art. 12 Gas Districts
Each gas district now or hereafter organized under the provisions of this article is 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 of this Code.

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Legislative History

(Acts 1975, No. 1128, §1.)

Nearby Sections

15
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