Ala. Code § 11-101A-18
Current with legislation from 2024 effective through July 1, 2024.
An authority shall be exempt from all laws of the state governing usury or prescribing or limiting interest rates, including, but without limitation to, Chapter 8 (commencing with Section 8-8-1) of Title 8.
Ala. Code § 11-101A-18 (1975)