1. Collections
  2. West Virginia Code
  3. Chapter 47

6

Money and Interest.

Log InSign Up
    47-6-1Money of account.47-6-2Writing, account or entry valid although sum expressed in other money.47-6-3In suits for foreign or other money, value in money of account to be fixed.47-6-4Silver coin as legal tender.47-6-5Legal rate of interest; agreements in writing fixing rate of interest; agreements in writing fixing rate of interest for residential real estate purposes; providing there may be no penalty upon prepayment; quarterly reports required.47-6-5aInterest charges on loans repayable in installments.47-6-5bLegislative findings; fixing maximum interest rate on certain loans and forbearances of money secured by mortgages or deeds of trust upon real property; authorizing commissioner of banking to fix maximum interest rate on such loans and forbearances of money; prohibiting penalty upon prepayment and escalation of interest clause; quarterly reports required.47-6-5cInterest on the forebearance of money.47-6-5dRebate upon prepayment, refinancing, consolidation or otherwise; liability and penalties for excess charges.47-6-6Usury and usurious contracts; penalties and forfeitures.47-6-7Pleading usury; reply; evidence; issues; trial; judgment.47-6-8Remedy in equity; injunction against sale of security.47-6-9Action or suit to recover back usurious interest.47-6-10Corporations, partnerships, and limited partnerships not entitled to defense of usury.47-6-11Certain business debts exempt from usury laws.