{"data":{"id":"us-al/ala.-code-11-60-18","jurisdiction":"us-al","citation":"Ala. Code § 11-60-18","heading":"Exemptions of Corporations - Usury and Interest Laws.","body":"Each corporation organized pursuant to the provisions of this chapter 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 2 Provisions Applicable to Municipal Corporations Only.","Chapter 60 Public Park and Recreation Boards."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-60-18","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"bcc1e1db42d311e9cf477b4f931a4e424a88dd1a8980df85ed08e8370fb170ac","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-60-17","next":"us-al/ala.-code-11-60-19"},"notice":"GroundRules: Original legal text. Not legal advice."}