Maximum Rates of Interest - Loans Secured by Savings Accounts.
Ala. Code § 8-8-1.2
in effect8-8-1.2. Maximum Rates of Interest - Loans Secured by Savings Accounts.
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.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#8-8-1.2Fetched: 10/20/2026
