45-27A-31.15
Section 45-27A-31.15 Exemption from usury and interest laws. 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, as it
may at any time be amended. (Act 82-740, p. 196, §16.)...
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45-35A-52.15
Section 45-35A-52.15 Exemption from usury and interest laws. 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. (Act 82-303, p. 393, §16.)...
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45-41A-10.15
Section 45-41A-10.15 Exemption from usury and interest laws. 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. (Act 85-185, p. 40, §16.)...
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45-41A-40.15
Section 45-41A-40.15 Exemption from usury and interest laws. 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. (Act 84-415, p. 981, §16.)...
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11-11A-4
Section 11-11A-4 Exemption from usury or interest provisions. Any warrants issued by a county
under the provisions of this chapter are 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, as amended. (Acts 1979, No. 79-671, p. 1180, §4.)...

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11-58-15
Section 11-58-15 Exemptions of corporations - Usury and interest laws. 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. (Acts
1969, No. 1151, p. 2157.)...
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11-11-8
Section 11-11-8 Exemption from usury and interest statutes. Any warrants issued by a county
under the provisions of this chapter in anticipation of and payable solely out of that portion
of the highway gasoline tax required by law to be distributed to counties which are subject
to the provisions of this chapter are 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. (Acts 1975, No. 1130, §1.)...
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8-8-7
Section 8-8-7 Maximum rates of interest - Exemption of bonds, notes, etc., of state, instrumentalities,
localities, etc. Any bonds, notes, warrants, other evidences of indebtedness, or securities
issued by the State of Alabama or any department, agency, or instrumentality thereof, by any
not-for-profit public or private corporation at any time organized or created pursuant to
act of the Legislature or executive order of the Governor for the purpose of acting as an
instrumentality of the State of Alabama or otherwise acting in the public interest and by
any board of water and sewer commissioners created under the provisions of Article 10, Chapter
50, Title 11, and authorized to issue bonds under Section 11-50-345 by any municipality, by
any county, by any public corporation heretofore or hereafter organized or created in the
State of Alabama pursuant to authorization, determination, finding, or other action of any
municipality or municipalities or county or counties or the governing...
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41-10-751
Section 41-10-751 Definitions. When used in this article, the following terms shall have the
following meanings, unless the context clearly indicates otherwise: (1) ALABAMA TRUST FUND.
The trust fund of the state created under Amendment 450 to the Constitution of Alabama of
1901, and appearing as §219.02 of the Official Recompilation of the Constitution of Alabama
1901, as amended. (2) APPROPRIATED FUNDS. The BP settlement revenues deposited in the special
fund to the extent such revenues are appropriated to the authority pursuant to Section 41-10-759.
(3) AUTHORITY. The Alabama Economic Settlement Authority authorized to be established pursuant
to Section 41-10-752. (4) BONDS. Those bonds, including refunding bonds, issued pursuant to
this article. (5) BP SETTLEMENT REVENUES. Revenues received by the state in settlement of
economic damages claims of the state against BP Exploration and Production, Inc. and any of
its corporate affiliates arising out of the Deepwater Horizon oil spill...
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11-20-5
Section 11-20-5 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc.; applicability of usury, etc., laws. All bonds issued by a county under authority of
this article shall be limited obligations of the county, the principal of and interest on
which shall be payable solely out of the revenues derived from the leasing of the project
to finance which the bonds are issued. Bonds and interest coupons issued under authority of
this article shall never constitute an indebtedness of the county within the meaning of any
state constitutional provision or statutory limitation and shall never constitute nor give
rise to a pecuniary liability of the county or a charge against its general credit or taxing
powers, and such fact shall be plainly stated on the face of each such bond. Such bonds may
be executed and delivered at any time and from time to time, may be in such form and denominations,
may be of such tenor, may be in registered or bearer form either as to...
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