Each such authority is and shall be exempt 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
Article 5 - Historical Preservation Authorities.
Section 41-10-135 - Short Title.
Section 41-10-136 - Definitions.
Section 41-10-137 - Purposes for Which Authorities May Be Formed.
Section 41-10-141 - Powers and Duties of Authority Generally.
Section 41-10-143 - Bonds - Contracts to Secure Payment of Principal and Interest.
Section 41-10-145 - Bonds - Use of Proceeds From Sale.
Section 41-10-147 - Exemption From Taxation, Fees and Costs.
Section 41-10-148 - Reports by Authority to Governor.
Section 41-10-149 - Construction of Article Generally; Certain Provisions Exclusive.
Section 41-10-150 - Dissolution of Authority; Title to Property Vests in State.
Section 41-10-151 - Authority Organized Under Former Law Valid; Reincorporation Under This Article.