{"data":{"id":"us-la/rs-9-3506","jurisdiction":"us-la","citation":"RS 9:3506","heading":"Application","body":"The provisions of R.S. 9:3502-9:3506 shall apply only to conventional obligations bearing simple interest from date on the unpaid balance and shall not apply to or affect precomputed interest or discount loans; nor shall it affect the enforceability or collectibility of notes or obligations as provided in R.S. 9:3500. Notwithstanding the twelve percent simple interest rate limitations under R.S. 9:3503, the provisions of R.S. 9:3504 and 3505 shall apply to federally related mortgage loans subject to 12 U.S.C. §1735f-5 that bear simple interest at rates in excess of twelve percent per annum.","path":["TITLE 9. CIVIL CODE-ANCILLARIES"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=107584","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:49:46Z","sha256":"c3885fa1a9e8b270d166fd0d3c392ce06b005babb4a22e5b5b2444a88a248ec4","source_id":"us-la","stale":false,"prev":"us-la/rs-9-3505","next":"us-la/rs-9-3506.1"},"notice":"GroundRules: Original legal text. Not legal advice."}