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)
Joseph A. Roccaforte, Jr. And Sandra F. Roccaforte, Cross-Appellants v. Commissioner of Internal Revenue, Cross-Appellee
708 F.2d 986 (Fifth Circuit, 1983)
Blanchard v. Progressive Bank & Trust Co.
413 So. 2d 589 (Louisiana Court of Appeal, 1982)
Floyd v. Baton Rouge Sash & Door Co.
502 So. 2d 1073 (Supreme Court of Louisiana, 1987)
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
§ 9:3501
§ 9:3501§ 9:3502
Statement of policy§ 9:3506
Application§ 9:3506.1
Time for accrual of interest; penalties§ 9:3509.3
Prepayment of loanCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 9:3503, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A3503.