Alabama Code (Last Updated: November 28, 2014) |
Title41 STATE GOVERNMENT. |
Chapter10. AUTHORITIES. |
Article5. Historical Preservation Authorities. |
§41-10-153. Historical preservation authorities - Exempt from usury or other interest limiting laws.
Latest version.
-
Each such authority is and shall be 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.