2014 Code of Alabama
Title 2 - AGRICULTURE.
Chapter 3A - ALABAMA AGRICULTURAL DEVELOPMENT AUTHORITY.
Section 2-3A-12 - Exemption from usury and interest laws.

AL Code § 2-3A-12 (2014) What's This?
Section 2-3A-12Exemption from usury and interest laws.

The 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. 80-586, p. 913, §12.)

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