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45-37-123.01
Section 45-37-123.01 Definitions. For the purposes of this part, the following terms shall
have the following meanings: (1) ACT. The act adding this part, to be called the General Retirement
System for Employees of Jefferson County Act. (2) ACTIVE MEMBER. An individual who currently
is employed by the county or other entities set forth in subdivision (20) and is making employee
contributions to the system. (3) ACTUARIAL EQUIVALENT. Effective July 30, 1984, or such other
dates as set forth in Exhibit A, which is maintained in the office of the pension board, a
form of benefit differing in time, period, or manner of payment from a specific benefit provided
under the plan but having the same value when computed using the mortality tables, the interest
rate, and any other assumptions last adopted by the pension board, which assumptions shall
clearly preclude any discretion in the determination of the amount of a member's benefit.
(4) ACTUARIAL GAIN. As defined in Section...
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24-1A-14
Section 24-1A-14 Exemption from usury and interest laws. All 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. (Acts 1980,
No. 80-585, p. 899, §16.)...
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22-23A-14
Section 22-23A-14 Interest exemption. All 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. (Acts 1988, 1st Ex. Sess.,
No. 88-857, p. 338, §14.)...
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22-23B-10
Section 22-23B-10 Usury exemption. 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. (Acts 1997,
No. 97-415, §10.)...
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22-30F-9
Section 22-30F-9 Usury exemption. 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, commencing with Section
8-8-1, of Title 8. (Act 2003-403, p. 1176, §1.)...
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22-34-14
Section 22-34-14 Exempt from usury laws. All 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. (Acts 1987, No. 87-226, p.
317, §16.)...
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11-92B-23
Section 11-92B-23 Exemption from usury laws. An authority shall be exempt from all general
laws of the state governing usury or prescribing or limiting interest rates, including, without
limitation, Chapter 8 of Title 8, as amended or replaced. (Act 2009-337, p. 569, §23.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92B-23.htm - 581 bytes - Match Info - Similar pages
11-97-19
Section 11-97-19 Exemption from usury and interest laws. Any corporation and all contracts
made by it 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. Further, any payment payable directly or indirectly by any provider pursuant
to any lease, installment sale contract, loan agreement, or other contract to which a corporation
is a party, any payment pursuant to any utility service agreement or any payment pursuant
to any other obligation constituting the source of payment for any obligation of a corporation
which, in any such case under the laws of the state in effect at the time, constitutes interest,
or a payment in the nature of interest, shall be exempt from all such laws of the state governing
usury or prescribing or limiting interest rates. (Acts 1984, No. 84-314, p. 695, §19.)...
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11-54-185
Section 11-54-185 Exemption from usury and interest laws. Each 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. (Acts 1980,
No. 80-648, p. 1235, §16.)...
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11-62-19
Section 11-62-19 Exemptions of authority - Usury and interest laws. Any authority and all contracts
made by it shall be exempt from the laws of the state governing usury or prescribing or limiting
interest rates, including, but without limitation to, the provisions of Chapter 8 of Title
8, as such laws may at any time be amended. Further, any payment payable directly or indirectly
by any user pursuant to any lease, installment sale contract, loan agreement, or other contract
to which an authority is a party, any payment pursuant to any authorized purpose obligation
or any payment pursuant to any other obligation constituting the source of payment for any
obligation of an authority which, in any such case under the laws of the state in effect at
the time, constitutes interest, or a payment in the nature of interest, shall be exempt from
all such laws of the state governing usury or prescribing or limiting interest rates. (Acts
1979, No. 79-332, p. 506, §13.)...
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