Louisiana Statutes
§ 6:1231 — Usury law inapplicable
Louisiana § 6:1231
JurisdictionLouisiana
Title 6Banks and Banking
This text of Louisiana § 6:1231 (Usury law inapplicable) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 6:1231 (2026).
Text
No interest premium, or interest on such interest premium, or charge which may accrue to a savings bank under the provisions of this Chapter shall be deemed to be usurious, and the same may be collected in the same manner as other debts in accordance with the laws of this state.
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Legislative History
Acts 1990, No. 816, §1, eff. Sept. 1, 1990.
Nearby Sections
15
§ 6:1201
§ 6:1201§ 6:1203
Capital stock; nature§ 6:1205
Who may hold capital§ 6:1206
Capital maintenance§ 6:121.1
Enforcement powers of commissionerCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 6:1231, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/6%3A1231.