GroundRules
Ala. Code § 11-50-415: Exemption from Usury and Interest Statutes.
Where this section sits in the code
- Title 11 Counties and Municipal Corporations.
- Title 2 Provisions Applicable to Municipal Corporations Only.
- Chapter 50 Public Utilities.
- Article 12 Gas Districts.
Each gas district now or hereafter organized under the provisions of this article is 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 of this Code.
Collected 2026-09-03T14:01:51Z. Source file · JSON