CODE TITLE XII--OF LOAN
CHAPTER 1. INTEREST
PART I. IN GENERAL
§3501. Forfeiture of interest
Any contract for the payment of interest in excess of that authorized by law shall result in the forfeiture of the entire interest so contracted.
La. R.S. 9:3501
INTEREST
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.