{"data":{"id":"us-al/ala.-code-11-50-319","jurisdiction":"us-al","citation":"Ala. Code § 11-50-319","heading":"Exemption from Usury and Interest Statutes.","body":"Each waterworks board now or hereafter 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 of this Code.","path":["Title 11 Counties and Municipal Corporations.","Title 2 Provisions Applicable to Municipal Corporations Only.","Chapter 50 Public Utilities.","Article 9 Boards for Operation of Water, Sewer, Gas and Electric Systems."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-50-319","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"f1598ec82d83aacda10b4abca4d08f33c40d5598f64d575f63568562aa5c49f7","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-50-318","next":"us-al/ala.-code-11-50-320"},"notice":"GroundRules: Original legal text. Not legal advice."}