2015 Code of Alabama
Title 24 - HOUSING.
Chapter 1A - ALABAMA HOUSING FINANCE AUTHORITY.
Article 1 - Housing Finance Authority.
Section 24-1A-14 - Exemption from usury and interest laws.

AL Code § 24-1A-14 (2015) What's This?
Section 24-1A-14Exemption 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.)

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