{"data":{"id":"us-la/rs-9-3503","jurisdiction":"us-la","citation":"RS 9:3503","heading":"Maximum rate of conventional interest on certain loans","body":"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.","path":["TITLE 9. CIVIL CODE-ANCILLARIES"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=107581","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:49:46Z","sha256":"ea7b3f49225a9c20f2b006dffef481b97b35b1247fae45349826c21d0a3a3cbc","source_id":"us-la","stale":false,"prev":"us-la/rs-9-3502","next":"us-la/rs-9-3504"},"notice":"GroundRules: Original legal text. Not legal advice."}