Louisiana § RS 9:3509.2 - Interest upon accrued interest; exceptions
Full text of Louisiana Louisiana Civil Code § RS 9:3509.2 — Interest upon accrued interest; exceptions, with citation guidance and answers to common questions.
§ RS 9:3509.2. Interest upon accrued interest; exceptions
The general prohibition against the recovery of interest upon accrued interest, as expressed in Civil Code Article 2001, is subject to the following exceptions:
(1) As provided by the Louisiana Consumer Credit Law, or as specifically provided by law.
(2) In transactions entered into for commercial, business, or agricultural purposes.
(3) In matters preempted by federal law or by rules and regulations of federal agencies, including but not limited to the Federal Home Loan Bank, Comptroller of the Currency, and the Federal Deposit Insurance Corporation.
(4) As provided in rules and regulations promulgated by the commissioner of financial institutions for supervised financial organizations as provided by R.S. 6:242(A)(2).
Acts 1986, No. 584, §3, eff. July 2, 1986.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 9:3509.2
What does Louisiana Civil Code § RS 9:3509.2 cover?
Section RS 9:3509.2 ("Interest upon accrued interest; exceptions") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 9:3509.2?
A common citation format is "Louisiana Civil Code § RS 9:3509.2" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 9:3509.2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.