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Money and Interest

  • W. Va. Code § 47-6-1— Money of account
  • W. Va. Code § 47-6-2— Writing, account or entry valid although sum expressed in other money
  • W. Va. Code § 47-6-3— In suits for foreign or other money, value in money of account to be fixed
  • W. Va. Code § 47-6-4— Silver coin as legal tender
  • W. Va. Code § 47-6-5— Legal rate of interest; agreements in writing fixing rate of interest; agreements in writing fixing rate of interest for residential real estate purposes; providing there may be no penalty upon prepayment; quarterly reports required
  • W. Va. Code § 47-6-5a— Interest charges on loans repayable in installments
  • W. Va. Code § 47-6-5b— Legislative findings; fixing maximum interest rate on certain loans and forbearances of money secured by mortgages or deeds of trust upon real property; authorizing commissioner of banking to fix maximum interest rate on such loans and forbearances of money; prohibiting penalty upon prepayment and escalation of interest clause; quarterly reports required
  • W. Va. Code § 47-6-5c— Interest on the forebearance of money
  • W. Va. Code § 47-6-5d— Rebate upon prepayment, refinancing, consolidation or otherwise; liability and penalties for excess charges
  • W. Va. Code § 47-6-6— Usury and usurious contracts; penalties and forfeitures
  • W. Va. Code § 47-6-7— Pleading usury; reply; evidence; issues; trial; judgment
  • W. Va. Code § 47-6-8— Remedy in equity; injunction against sale of security
  • W. Va. Code § 47-6-9— Action or suit to recover back usurious interest
  • W. Va. Code § 47-6-10— Corporations, partnerships, and limited partnerships not entitled to defense of usury
  • W. Va. Code § 47-6-11— Certain business debts exempt from usury laws