The authority shall be exempt from the laws of the State of Alabama governing usury or prescribing or limiting interest rates, including, but without limitation to, the provisions of Chapter 8 of Title 8.
Structure Code of Alabama
Chapter 3A - Alabama Agricultural Development Authority.
Article 1 - General Provisons.
Section 2-3A-1 - Declaration of Purpose and Legislative Findings.
Section 2-3A-3 - Incorporation of Authority; Procedure.
Section 2-3A-5 - Officers of the Authority.
Section 2-3A-6 - Legislative Oversight Committee; Members; Expenses.
Section 2-3A-7 - Powers of Authority; Open Meetings.
Section 2-3A-8 - Bonds of the Authority.
Section 2-3A-9 - Proceeds From Sale of Bonds.
Section 2-3A-10 - Refunding Bonds.
Section 2-3A-11 - Exemption From Taxation.
Section 2-3A-12 - Exemption From Usury and Interest Laws.
Section 2-3A-14 - Dissolution of Authority and Vesting of Title to Its Property.