Alabama Statutes
§ 22-34-14 — Exempt from Usury Laws
Alabama·Title 22 Health, Mental Health, and Environmental Control·Ch. 34 Water Pollution Control Authority
All securities issued by the authority shall be exempt from the laws of the state governing usury or prescribing or limiting interest rates, including, but without limitation, the provisions of Chapter 8 of Title 8.
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Legislative History
(Acts 1987, No. 87-226, p. 317, §16.)
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