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.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 101A - Acquisition of Real and Personal Property for Lease to United States.
Section 11-101A-1 - Legislative Intent.
Section 11-101A-2 - Definitions.
Section 11-101A-3 - Application to Incorporate Authority.
Section 11-101A-4 - Incorporation of Authority.
Section 11-101A-5 - Amendment to Certificate of Incorporation.
Section 11-101A-6 - Board of Directors.
Section 11-101A-8 - Powers of Authority.
Section 11-101A-9 - Eminent Domain.
Section 11-101A-10 - Powers of Authorizing Subdivision.
Section 11-101A-11 - Sale of Securities.
Section 11-101A-12 - Refunding Securities; Limitations.
Section 11-101A-13 - Signature and Seal.
Section 11-101A-15 - Use of Proceeds.
Section 11-101A-16 - Obligations Rest With Authority.
Section 11-101A-17 - Securities Are Legal Investments.
Section 11-101A-18 - Exemption From Usury Laws.
Section 11-101A-19 - Authorization of Securities.
Section 11-101A-20 - Investments.
Section 11-101A-21 - Exemption From Taxation.
Section 11-101A-22 - Applicability of Certain Competitive Bidding Provisions.
Section 11-101A-23 - Public Corporation.
Section 11-101A-24 - Dissolution.
Section 11-101A-25 - Effect of Formation or Dissolution on Incorporation of Another Authority.
Section 11-101A-26 - Authorities Governed Exclusively by Chapter.