Usurious transaction
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 223 U.S. 493 - McCarthy v. First National Bank · 1912Most cited · 78 citing opinions
when statute of limitations runs
when the debtor actually makes a payment, as interest, and the bank knowingly receives and appropriates it as such, the usurious transaction is complete, the right of the one and the liability of the other is fixed, the cause of action arises, and the statute of limitations begins to run.
How often courts cite the case defining “Usurious transaction”
Court decisions citing the opinion that defined “Usurious transaction” — 78 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.