GroundRules
31-1-105: Annual rate.
Where this section sits in the code
- TITLE 31. CREDIT TRANSACTIONS AND RELATIONSHIPS
- CHAPTER 1. CREDIT TRANSACTIONS
- Part 1. Loans of Money -- Interest Rates
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 2026-09-14T04:51:42Z. Source file · JSON