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Alabama · Through Act 2026-611

Ala. Code § 40-7-99: Warrants Exempt from Laws Relative to Usury, Interest, Etc.

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Where this section sits in the code
  1. Title 40 Revenue and Taxation.
  2. Chapter 7 Assessment of Taxes Generally.
  3. Article 2 Statewide Property Reappraisal.
  4. Division 2 County Bonds for Purpose of Paying Costs of Reappraisal.

Any warrants issued by a county under the provisions of this division for the purpose of paying the cost of reappraisal of property as required by Division 1 of this article are 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.

Collected 2026-09-03T14:01:51Z. Source file · JSON

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