usury — cardinal rules
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 32 U.S. 103 - Nichols v. Fearson · 1833Most cited · 45 citing opinions
There are two cardinal rules in the doctrine of usury, which we think must be regarded as the common-place to which all reasoning and adjudication upon the subject should be referred. The first is, that to constitute usury, there must be a loan in contemplation by the parties; and the second, that a contract, which, in its inception, is unaffected by usury, can never be invalidated by any subsequent usurious transaction.
How often courts cite the case defining “usury — cardinal rules”
Court decisions citing the opinion that defined “usury — cardinal rules” — 45 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.