Alabama Code (Last Updated: November 28, 2014) |
Title45 LOCAL LAWS. |
Chapter8A. CALHOUN COUNTY MUNICIPALITIES. |
Article11. Oxford. |
Part2. Development. |
§45-8A-111.15. Exemption from usury and interest laws.
Latest version.
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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.