La. Rev. Stat. § 6:969.12
This is the official text of La. Rev. Stat. § 6:969.12, part of Louisiana’s Rev. Stat — part of the compiled statutory law of Louisiana, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Maximum charges after maturity
Official statutory text
In the case of a precomputed transaction which is unpaid at contractual maturity, the rate of the loan finance charge or the credit service charge for the period beginning as of contractual maturity until payment in full may not exceed the rate of the loan finance charge or the credit service charge previously agreed to by the extender of credit and the consumer at the time the motor vehicle credit transaction was entered into.
Acts 1999, No. 794, §1, eff. July 2, 1999.
Acts 1999, No. 794, §1, eff. July 2, 1999.
Status: in_force · Read it on the official government site
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