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, Chapter 8 of Title 8, as it may at any time be amended.
Structure Code of Alabama
Chapter 23A - Dale County Municipalities.
Part 2 - Economic and Industrial Development.
Section 45-23A-91 - Legislative Intent.
Section 45-23A-91.01 - Definitions.
Section 45-23A-91.02 - Use of Phrases.
Section 45-23A-91.05 - Amendments to Certificate of Incorporation.
Section 45-23A-91.06 - Board of Directors.
Section 45-23A-91.07 - Officers of the Authority.
Section 45-23A-91.08 - Powers of the Authority.
Section 45-23A-91.09 - Bonds of Authority.
Section 45-23A-91.10 - Proceeds From the Sale of Bonds.
Section 45-23A-91.11 - Refunding Bonds.
Section 45-23A-91.12 - Notice of Bond Resolution.
Section 45-23A-91.13 - Exemption From Taxation.
Section 45-23A-91.14 - Liability of City.
Section 45-23A-91.15 - Exemption From Usury and Interest Laws.
Section 45-23A-91.16 - Exemption From Competitive Bid Laws.
Section 45-23A-91.17 - Freedom of Authority From State Supervision and Control.
Section 45-23A-91.18 - Earnings of the Authority.
Section 45-23A-91.19 - Dissolution of the Corporation; Vesting of Title to Property in the City.
Section 45-23A-91.20 - Existence of the Authority to Prevent Incorporation of Another by the City.