31-1-103: Loan presumed to be on interest.
Where this section sits in the code
- TITLE 31. CREDIT TRANSACTIONS AND RELATIONSHIPS
- CHAPTER 1. CREDIT TRANSACTIONS
- Part 1. Loans of Money -- Interest Rates
Whenever a loan of money is made, it is presumed to be made upon interest unless it is otherwise expressly stipulated at the time in writing.
Collected 2026-09-14T04:51:42Z. Source file · JSON