Exemption From Usury and Interest Laws.

Checkout our iOS App for a better way to browser and research.

Section 24-1A-14

Exemption from usury and interest laws.

All securities issued by the authority shall be exempt from the laws of the state governing usury or prescribing or limiting interest rates, including, but without limitation, the provisions of Chapter 8 of Title 8.

(Acts 1980, No. 80-585, p. 899, §16.)


Download our app to see the most-to-date content.