Charges considered interest

Checkout our iOS App for a better way to browser and research.

17:3B-44. Charges considered interest

16. Notwithstanding the characterization of certain charges in the act as interest, all charges permitted by this act which may be deemed interest by any rules, regulations or interpretations of the Comptroller of the Currency for purposes of section 85 of "The National Bank Act," 12 U.S.C. s.85, shall be considered interest for purposes of this act.

L.1996,c.137,s.16.


Download our app to see the most-to-date content.