Florida Statutes 687.031 – Construction, ss. 687.02 and 687.03
Current as of: 2024 | Check for updates
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Terms Used In Florida Statutes 687.031
- Usury: Charging an illegally high interest rate on a loan. Source: OCC
Sections 687.02 and 687.03 shall not be construed to repeal, modify or limit any or either of the special provisions of existing statutory law creating exceptions to the general law governing interest and usury and specifying the interest rates and charges which may be made pursuant to such exceptions, including but not limited to those exceptions which relate to banks, Morris Plan banks, discount consumer financing, small loan companies and domestic building and loan associations.