Each medical clinic board now or hereafter organized under the provisions of this chapter, as amended, is 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.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 58 - Medical Clinic Boards.
Section 11-58-1 - Definitions.
Section 11-58-4 - Board of Directors.
Section 11-58-5 - Powers of Corporations Generally.
Section 11-58-5.1 - Power of Eminent Domain.
Section 11-58-8 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default.
Section 11-58-9 - Bonds - Disposition of Proceeds From Sale.
Section 11-58-10 - Refunding Bonds.
Section 11-58-11 - Investment in Bonds by Savings Banks and Insurance Companies.
Section 11-58-12 - Conveyances of Properties to Corporations by Municipalities and Counties.
Section 11-58-14 - Exemptions of Corporations - Taxation.
Section 11-58-15 - Exemptions of Corporations - Usury and Interest Laws.