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ALABAMA STATUTES AND CODES

Section 11-95-13 Exemption from usury and interest laws.

Section 11-95-13

Exemption from usury and interest laws.

A corporation 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.

(Acts 1981, No. 81-338, p. 480, §13.)

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