All notes, bonds or other securities issued by the authority shall be exempt from the laws of the state governing usury or prescribing or limiting interest rates, including, but without limitation, the provisions of Chapter 8 of Title 8.
Structure Code of Alabama
Title 22 - Health, Mental Health, and Environmental Control.
Title 1 - Health and Environmental Control Generally.
Chapter 23B - Alabama Drinking Water Finance Authority.
Section 22-23B-1 - Legislative Findings.
Section 22-23B-2 - Definitions.
Section 22-23B-3 - Revolving Loan Fund Established; Maintenance; Administration.
Section 22-23B-4 - Alabama Drinking Water Finance Authority.
Section 22-23B-5 - Alabama Drinking Water Finance Authority - Incorporation.
Section 22-23B-6 - Alabama Drinking Water Finance Authority - Powers.
Section 22-23B-7 - Purpose; Issuing, Selling and Refunding of Bonds.
Section 22-23B-8 - Funding of a Loan.
Section 22-23B-9 - Signature; Seal.
Section 22-23B-10 - Usury Exemption.
Section 22-23B-11 - Taxation Exemption.
Section 22-23B-12 - Capitalization Grant Agreements, Operating Agreements, Etc.