Louisiana Statutes

§ 9:3503 — Maximum rate of conventional interest on certain loans

Louisiana § 9:3503
JurisdictionLouisiana
Title 9Civil Code-Ancillaries

This text of Louisiana § 9:3503 (Maximum rate of conventional interest on certain loans) 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. § 9:3503 (2026).

Text

Unless otherwise provided, the amount of simple conventional interest on obligations bearing interest from date and secured in whole or in part, directly or indirectly, by a mortgage on immovable property, shall not exceed twelve percent per annum. The same must be fixed in writing. Testimonial proof of it is not admitted in any case.

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Related

Thrift Funds of Baton Rouge, Inc. v. Jones
274 So. 2d 150 (Supreme Court of Louisiana, 1973)
36 case citations
Blanchard v. Progressive Bank & Trust Co.
413 So. 2d 589 (Louisiana Court of Appeal, 1982)
8 case citations
Floyd v. Baton Rouge Sash & Door Co.
502 So. 2d 1073 (Supreme Court of Louisiana, 1987)
1 case citations

Legislative History

Acts 1969, No. 28, §2. Amended by Acts 1979, No. 205, §1, eff. July 6, 1979; Acts 1995, No. 1184, §2.

Nearby Sections

15
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Bluebook (online)
Louisiana § 9:3503, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A3503.