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2013 Code of Alabama
Title 11 - COUNTIES AND MUNICIPAL CORPORATIONS.
Title 1 - PROVISIONS APPLICABLE TO COUNTIES ONLY.
Section 11-11A-4 - Exemption from usury or interest provisions.


AL Code § 11-11A-4 (2013) What's This?
Section 11-11A-4Exemption from usury or interest provisions.

Any warrants issued by a county under the provisions of this chapter are 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, as amended.

(Acts 1979, No. 79-671, p. 1180, §4.)

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