No corporation, partnership, limited partnership or limited liability company may interpose the defense of usury in any civil action, nor may any bond, note, debt or contract of a corporation, partnership, limited partnership or limited liability company be set aside, impaired or adjudged invalid by reason of anything contained in the laws prohibiting usury.
W. Va. Code § 47-6-10
Corporations, partnerships, and limited partnerships not entitled to defense of usury
Applied in 2 court decisions — leading case Monongahela Appliance Co. v. Community Bank & Trust, N.A. (1975)
Most recently applied in Community Bank & Trust, N.A. v. Keyser (December 1981)
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.