Section 40-7-99 Warrants exempt from laws relative to usury, interest, etc.
Section 40-7-99
Warrants exempt from laws relative to usury, interest, etc.
Any warrants issued by a county under the provisions of this division for the purpose of paying the cost of reappraisal of property as required by Division 1 of this article are hereby exempted 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 1975, No. 1129, p. 2223, §1.)