Cap. 16 · Civil Code (Cap. 16)
Cap. 16 Art. 1850Stipulation for interest.
Title XV
(1) It shall be lawful to stipulate for interest on a loan, whether of money or of goods or other movable things.
(2) It shall also be lawful to convert into a new capital at interest, the amount of interest due, provided such interest be not due for a time less than one year.
(3) Any other agreement for payment of interest on interest, is null.