11-88-17
Section 11-88-17 Exemption of authority from usury laws, etc. Each authority now or hereafter
organized under the provisions of this article is hereby exempted from the laws of the State
of Alabama governing usury and prescribing or limiting interest rates, including, without
limitation, the provisions of Chapter 8 of Title 8. (Acts 1971, 3rd Ex. Sess., No. 169, p.
4419.)...
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45-25-250.12
Section 45-25-250.12 Exemption from usury statutes. The authority now or hereafter organized
under this article is exempted from the laws of the State of Alabama governing usury and prescribing
or limiting interest rates, including, without limitation, the provisions of Chapter 8 of
Title 8. (Act 89-426, p. 893, §13.)...
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40-7-99
Section 40-7-99 Warrants exempt from laws relative to usury, interest, etc. Any warrants issued
by a county under the provisions of this division for the purpose of paying the cost of reappraisal
of property as required by Division 1 of this article 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. 1129, p. 2223,
§1.)...
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11-14-18
Section 11-14-18 Exemption of securities from usury and interest statutes. Any securities issued
by any county payable from or secured by a pledge of any part of the tax proceeds of the special
tax authorized to be levied under the second proviso of Section 215 of the Constitution of
Alabama of 1901, as amended by Amendment 208, and Sections 11-14-10, 11-14-11, and 11-14-16,
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 of this Code. (Acts 1975, No. 1132, §1.)...
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16-16B-4
Section 16-16B-4 (Implementation Conditioned on Separate Legislative Enactment.) Execution
and other details of the bonds. The Bonds shall be signed by the president or vice-president
of the Authority, and the seal of the Authority affixed thereto (or a facsimile thereof imprinted
thereon) and attested by its secretary. All signatures of the president, vice-president, and
secretary may be facsimile signatures if the Authority, in its proceedings with respect to
issuance, provides for manual authentication (which may be in the form of a certificate as
to registration) of the Bonds by a trustee, registrar or paying agent or by named individuals
who are employees of the State and who are assigned to the Finance Department or State Treasurer's
Office of the State. All Bonds bearing signatures or facsimiles of the signatures of officers
of the Authority in office on the date of signing thereof shall be valid and binding notwithstanding
that before the delivery thereof and payment therefor,...
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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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11-54-54
Section 11-54-54 Bonds - Form, terms, denominations, etc.; execution, sale, delivery, redemption,
etc. All bonds issued by a municipality under authority of this article shall be limited obligations
of the municipality, 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 the authority of this article shall never constitute
an indebtedness of the municipality within the meaning of any state constitutional provision
or statutory limitation and shall never constitute nor give rise to a pecuniary liability
of the municipality or a charge against its general credit or taxing powers, and such fact
shall be plainly stated in 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 principal...
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45-30-250.13
Section 45-30-250.13 Exemption from usury statutes. The authority now or hereafter organized
under this article is exempted from the laws of the state governing usury and prescribing
or limiting interest rates, including, without limitation, Chapter 8 of Title 8. (Act 93-376,
p. 638, §14.)...
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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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11-20-48
Section 11-20-48 Exemptions of corporations - Usury and interest laws. Each corporation organized
under the provisions of this article 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 1977, No. 762, p. 1310, §14.)...
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