The effects of a leap year may be disregarded for purposes of determining whether the annualized loan finance charge rate or credit service rate under a consumer credit transaction exceeds the maximum rate limitations provided in this Part.
La. R.S. 9:3525
Leap years
Known as the Louisiana Consumer Credit Law
The act spans §§ 9–9 (177 sections).
Acts 1986, No. 584, §1, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.