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La. Rev. Stat. § 9:3503

Maximum rate of conventional interest on certain loans

Louisiana · Louisiana Revised Statutes Title 9 — Civil Code-Ancillaries · Status: effective

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La. Rev. Stat. § 9:3503, Maximum rate of conventional interest on certain loans, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2647237
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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.