LawgistThe Usury Laws Repeal Act
4Contracts for usufruct of property in lieu of interest
A mortgage or other contract for the loan of money, by which it is agreed that the use or usufruct of any property shall be allowed in lieu of interest, shall be binding upon the parties.
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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- 1 [Repealed.]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- 7 Repealed.
- 8 Repealed.
- 9 Repealed.
