Ala. Code § 10A-NEW

Current with legislation from 2024 effective through July 1, 2024.

Section 10A-NEW - Exemption of corridor from usury and interest laws

Each corridor and the contractual agreements and financial obligations of the corridor shall be exempt from state laws governing usury or prescribing or limiting interest rates, including, but not limited to, Chapter 8 of Title 8 of the Code of Alabama 1975.

Ala. Code § 10A-NEW (1975)

Added by Act 2024-308,§ 13, eff. 5/9/2024.