Any securities issued by any county payable from or secured by a pledge of any part of the tax proceeds of the special tax authorized to be levied under the second proviso of Section 215 of the Constitution of Alabama of 1901, as amended by Amendment 208, and Sections 11-14-10, 11-14-11, and 11-14-16, 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 of this Code.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 1 - Provisions Applicable to Counties Only.
Section 11-14-1 - Effect of Deeds, Grants, etc., to Officers, etc., for Use of County.
Section 11-14-2 - Custody of County Property; Conveyances of County Property Generally.
Section 11-14-4 - Erection and Maintenance of County Buildings Generally.
Section 11-14-9 - Custody of Courthouse; Prevention of Trespasses.
Section 11-14-10 - Duty to Erect Courthouses, Jails, Hospitals, and Other County Buildings.
Section 11-14-13 - Construction and Arrangement of County Jail.
Section 11-14-14 - Levy of Tax and Issuance of Proposals for Erection or Repair of County Jail.
Section 11-14-15 - Failure to Levy Tax for Erection or Repair of County Jail When Necessary.
Section 11-14-16 - Special Tax for Courthouse or Jail; Disposition of Surplus.
Section 11-14-17 - Levy of Special Taxes.
Section 11-14-18 - Exemption of Securities From Usury and Interest Statutes.
Section 11-14-21 - Expenditure of Funds by Sheriff.
Section 11-14-22 - Examination of Jail.
Section 11-14-23 - Acquisition of Lands for Drainage Ditches, Lime and Stone Quarries, Etc.