RS 9:3501
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/la/title-9/9-1061A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 9:3501
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.