Ala. Code § 45-36-252.12: Exemption from Usury Statutes.
Where this section sits in the code
- Title 45 Local Laws.
- Chapter 36 Jackson County.
- Article 25 Utilities.
- Part 3 Water Authority.
The authority now or hereafter organized under this part is hereby exempted from the laws of the State of Alabama governing usury and prescribing or limiting interest rates, including, without limitation, Chapter 8 of Title 8.
Collected 2026-09-03T14:01:53Z. Source file · JSON