California Statutes

§ 1916. — 1916. (Enacted 1872.)

California·Code CIV Civil Code - CIV·Div. 3. DIVISION 3. OBLIGATIONS·Title 4.·Part 4. TITLE 4. LOAN·Ch. 3. CHAPTER 3. Loan of Money
When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an annual rate.

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California § 1916. (1916. (Enacted 1872.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Legislative History

Enacted 1872.

Nearby Sections

10
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