PART III. CHARGES
§3311. Interest rate charges; true leases
Interest rate charges capitalized into both consumer and commercial purpose true leases are unregulated and are not subject to conventional interest rate or usury limitations.
Interest rate charges; true leases
Known as the Louisiana Lease of Movables Act
The act spans §§ 9–9 (43 sections).
Acts 1985, No. 592, §1, eff
PART III. CHARGES
§3311. Interest rate charges; true leases
Interest rate charges capitalized into both consumer and commercial purpose true leases are unregulated and are not subject to conventional interest rate or usury limitations.
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.