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.
Ala. Code § 11-66A-13
Exemption of Corridor from Usury and Interest Laws.
(Act 2024-308, §13.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.