Ala. Code § 11-94-20: Exemption from Usury and Interest Laws.
Where this section sits in the code
- Title 11 Counties and Municipal Corporations.
- Title 3 Provisions Applicable to Counties and Municipal Corporations.
- Chapter 94 Port Authorities.
Each authority incorporated under this chapter shall be exempt 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.
Collected 2026-09-03T14:01:52Z. Source file · JSON