GroundRules
Ala. Code § 11-54-185: Exemption from Usury and Interest Laws.
Where this section sits in the code
- Title 11 Counties and Municipal Corporations.
- Title 2 Provisions Applicable to Municipal Corporations Only.
- Chapter 54 Promotion of Industry, Trade, Commerce and Pollution Control.
- Article 6 Commercial Development Authorities.
Each 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.
Collected 2026-09-03T14:01:51Z. Source file · JSON