Alabama Statutes

§ 11-54A-16 — Exemption from Usury and Interest Laws

Alabama·Title 11 Counties and Municipal Corporations·Ch. 54A Downtown Redevelopment Authorities
The authority shall be exempt from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, but without limitation to, the provisions of Chapter 8 of Title 8, as it may at any time be amended.

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Legislative History

(Acts 1985, No. 85-683, p. 1080, §16.)

Nearby Sections

15
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