LawgistThe Usury Laws Repeal Act
2Rate of interest to be decreed by Courts
In any suit in which interest is recoverable, the amount shall be adjudged or decreed by the Court at the rate (if any) agreed upon by the parties; and if no rate shall have been agreed upon, at such rate as the Court shall deem reasonable.
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All sections
- 1 [Repealed.]
- 2 Rate of interest to be decreed by Courts
- 3 Rate of interest upon a judgment or decree
- 4 Contracts for usufruct of property in lieu of interest
- 5 Amount of interest to be deposited in certain cases of conditional sales under Bengal Regulations. Proviso 6. Rate of interest on future adjustments of accounts. Provis
- 6 Rate of interest on future adjustments of accounts
- 7 Repealed.
- 8 Repealed.
- 9 Repealed.
