18 GCA § 47105: Annual Rate.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 2 - Commercial and Business Obligations
- Part 4 - Loans
- Chapter 47: 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.
Collected 2026-09-27T03:57:58Z. Source file · JSON