Section 2-3A-12 Exemption from usury and interest laws.
Section 2-3A-12
Exemption from usury and interest laws.
The authority shall be exempt from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, but without limitation to, the provisions of Chapter 8 of Title 8.
(Acts 1980, No. 80-586, p. 913, §12.)