{"data":{"id":"us-al/ala.-code-11-99a-16","jurisdiction":"us-al","citation":"Ala. Code § 11-99A-16","heading":"Exemptions of District - Usury and Interest Laws.","body":"The rate of interest borne by the assessments shall be exempt from all usury laws or laws prescribing or restricting the rate of interest. Each district organized under this chapter is exempt 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 3 Provisions Applicable to Counties and Municipal Corporations.","Chapter 99A Alabama Improvement Districts."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-99A-16","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"77a0382e72465cb752cdb6f489f6b049d6b85d70e5fae8719e921117f09bccec","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-99a-15","next":"us-al/ala.-code-11-99a-17"},"notice":"GroundRules: Original legal text. Not legal advice."}