{"data":{"id":"us-al/ala.-code-11-20-48","jurisdiction":"us-al","citation":"Ala. Code § 11-20-48","heading":"Exemptions of Corporations - Usury and Interest Laws.","body":"Each corporation 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.","path":["Title 11 Counties and Municipal Corporations.","Title 1 Provisions Applicable to Counties Only.","Chapter 20 Promotion of Industry and Trade.","Article 2 Industrial Development Boards."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-20-48","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"3854a23487c4c39e91c1ee7709197c781dfa7c351b166b24f8380dddeffae1e6","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-20-47","next":"us-al/ala.-code-11-20-49"},"notice":"GroundRules: Original legal text. Not legal advice."}