Alabama Statutes

§ 11-92A-17 — Exemption from Usury and Interest Laws

Alabama·Title 11 Counties and Municipal Corporations·Ch. 92A County Industrial Development Authorities
An authority shall be exempt from all laws of the state now or hereafter governing usury or prescribing or limiting interest rates, including without limitation the provisions of Chapter 8 of Title 8.

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Legislative History

(Acts 1989, No. 89-404, p. 802, §17.)

Nearby Sections

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