State Codes and Statutes

Statutes > Alabama > Title11 > Title2 > 11-50-319

Section 11-50-319

Exemption from usury and interest statutes.

Each waterworks board now or hereafter organized under the provisions of this article is hereby exempted from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8 of this Code.

(Acts 1975, No. 1151, §1.)

State Codes and Statutes

Statutes > Alabama > Title11 > Title2 > 11-50-319

Section 11-50-319

Exemption from usury and interest statutes.

Each waterworks board now or hereafter organized under the provisions of this article is hereby exempted from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8 of this Code.

(Acts 1975, No. 1151, §1.)

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title11 > Title2 > 11-50-319

Section 11-50-319

Exemption from usury and interest statutes.

Each waterworks board now or hereafter organized under the provisions of this article is hereby exempted from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8 of this Code.

(Acts 1975, No. 1151, §1.)