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(a) Usury is the charge to a borrower by a lender, directly or indirectly, of a higher rate of interest than that permitted by law.
Section 203 is an antitakeover statute in Delaware which provides that if a person or entity (an ?interested stockholder?) acquires 15% or more of the voting stock of a Delaware corporation (the ?target?) without prior approval of the target's board, then the interested stockholder may not engage in a business ...
§ 6425. Conflict of interest. No director shall be entitled to vote on any matter before the Authority if such director knowingly has a financial interest in the outcome of such matter.
With some constitutional amendments, most notably the 1979 constitutional amendment, Article XV, Section 1, California's usury limit is now generally 10% per year with a broader range of exemptions.
Delaware Usury Laws In Delaware, the maximum amount of interest a borrower can charge is 5% over the Federal Reserve discount rate. The Delaware legislature has an exception to interest rate limits: there is no limit where loan exceeds $100,000 and is not secured by a mortgage on the borrower's personal residence.
Delaware Statute 2301 Legal rate; loans insured by Federal Housing Administration. (a) Any lender may charge and collect from a borrower interest at any rate agreed upon in writing not in excess of 5% over the Federal Reserve discount rate including any surcharge thereon.
The common interest doctrine occasionally allows separately represented clients to share privileged communications without waiving that fragile protection. Nearly all courts require that the common interest doctrine participants share a common legal interest, rather than merely a common financial interest.
Is There a Maximum Credit Card APR? There is no federal law limiting the interest credit card companies can charge in general. Credit card interest rates are capped at 36% for active-duty military service members and their covered dependents under the Military Lending Act.