State Codes and Statutes
Statutes > Alabama > Title24 > Chapter1A > 24-1A-14Section 24-1A-14
Exemption from usury and interest laws.
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.
(Acts 1980, No. 80-585, p. 899, §16.)