Historical Preservation Authorities - Exempt From Usury or Other Interest Limiting Laws.

  1. Law
  2. Code of Alabama
  3. State Government.
  4. Authorities.
  5. Historical Preservation Authorities.
  6. Historical Preservation Authorities - Exempt From Usury or Other Interest Limiting Laws.

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Section 41-10-153

Historical preservation authorities - Exempt from usury or other interest limiting laws.

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.

(Acts 1980, No. 80-659, p. 1337, §2.)


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