GroundRules
Ala. Code § 11-47-229: Exemption from State Laws Governing Usury or Prescribing or Limiting Interest Rates.
Where this section sits in the code
- Title 11 Counties and Municipal Corporations.
- Title 2 Provisions Applicable to Municipal Corporations Only.
- Chapter 47 Powers, Duties and Liabilities Generally.
- Article 9 Parks, Playgrounds, and Other Recreational and Athletic Areas and Facilities.
Each authority shall be exempt from the laws of the state governing usury or prescribing or limiting interest rates, including, without limitation, the provisions of Chapter 8 of Title 8.
Collected 2026-09-03T14:01:51Z. Source file · JSON