Code of Alabama

Ala. Code § 8-8-1.2 (2026)

Maximum Rates of Interest - Loans Secured by Savings Accounts.

✓ official Alabama Legislature (ALISON) text, current July 2026
Find cases: SyfertCases citing this section JustiaAla. Code CornellLII Search CasesGoogle Scholar

Any savings and loan association located within the State of Alabama may charge on loans secured by savings accounts a rate of interest of not more than two percent per annum in excess of the rate of return payable on any such savings account.

(Acts 1979, No. 79-104, p. 126.)