{"data":{"id":"us-fl/fla.-stat.-687.125","jurisdiction":"us-fl","citation":"Fla. Stat. § 687.125","heading":"Compounding of interest.","body":"Interest or finance charges on any loan or extension of credit secured by a mortgage which contains a provision for the compounding of interest may be compounded provided the total amount of interest received by the lender as a result of such compounding, including interest upon interest, produces an effective yield which does not exceed any interest rate limitation imposed by applicable law.\nHistory.—s. 47, ch. 82-214.","path":["CHAPTER 687 INTEREST AND USURY; LENDING PRACTICES"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0687/0687.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:12:13Z","sha256":"f4f4c7d8d157893754f740fbef190649c2e82209648591b797ea34219976b2d6","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-687.12","next":"us-fl/fla.-stat.-687.13"},"notice":"GroundRules: Original legal text. Not legal advice."}
