State Codes and Statutes
Statutes > Alabama > Title11 > Title2 > 11-47-229Section 11-47-229
Exemption from state laws governing usury or prescribing or limiting interest rates.
Each authority shall be exempt from the laws of the state governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8.
(Acts 1996, No. 96-320, p. 361, §11.)