Code of Alabama
Ala. Code § 22-21-328 (2026)
Exemption from Usury and Interest Laws.
✓ official Alabama Legislature (ALISON) text, current July 2026
An authority shall be exempt from all 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.
(Acts 1982, No. 82-418, p. 629, §19.)
Notes of Decisions
Cited in 1
case, 2010–2010 · leading case: Tennessee Valley Printing Co. v. Health Care Auth. of Lauderdale Cnty., 61 So. 3d 1027 (Ala. 2010).
Tennessee Valley Printing Co. v. Health Care Auth. of Lauderdale Cnty., 61 So. 3d 1027 (Ala. 2010). “Public health-care authorities are exempt from usury laws, interest laws, § 22-21-328, Ala.Code 1975, and from paying property or income taxes.”
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