Civil Code · English · 2015
Article 1938
2. Rate of Interest
(1)
Unless otherwise authorized by law, the parties may not stipulate a rate of interest exceeding the bank interest.
#(2)
The borrower shall owe interest at the rate of the bank interest if a rate exceeding the bank interest has been stipulated.
#(3)
If it has been agreed that the loan will bear interest but a higher rate has not been fixed in writing, the borrower shall owe the bank interest.
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