Alabama Statutes
§ 2-3A-12 — Exemption from Usury and Interest Laws
Alabama·Title 2 Agriculture·Ch. 3A Alabama Agricultural Development Authority·Art. 1 General Provisons
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.
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Legislative History
(Acts 1980, No. 80-586, p. 913, §12.)
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