Home/Alabama/Statutes/Title 24: Housing/Ch. 1A: Alabama Housing Finance Authority/Art. 1: Housing Finance Authority/§ 24-1A-14
Alabama Statutes

§ 24-1A-14 — Exemption from Usury and Interest Laws

Alabama·Title 24 Housing·Ch. 1A Alabama Housing Finance Authority·Art. 1 Housing Finance 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 1980, No. 80-585, p. 899, §16.)

Nearby Sections

15
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Procedure for Increase of Area of Operation
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