Section 11-95-13 Exemption from usury and interest laws.
Section 11-95-13
Exemption from usury and interest laws.
A corporation 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 as it may at any time be amended.
(Acts 1981, No. 81-338, p. 480, §13.)