Section 11-54-185

Link to law: http://alisondb.legislature.state.al.us/alison/codeofalabama/1975/11-54-185.htm
Published: 2015

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Section 11-54-185

Section 11-54-185Exemption from usury and interest laws.

Each authority shall be exempt from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, but without limitation to, the provisions of Chapter 8 of Title 8.

(Acts 1980, No. 80-648, p. 1235, §16.)