The taking, receiving, reserving or charging a rate of interest greater than is allowed by the preceding section, when knowingly done, shall be deemed a forfeiture of the entire interest which the note, bill or other evidence of debt carries with it,... The Northwestern Reporter - Page 4141889Full view - About this book
| Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1913 - 804 pages
...note, bill, or other evidence of debt carries with it, or which has been agreed to be paid thereon. In case the greater rate of interest has been paid,...from the association taking or receiving the same ; provided such action is commenced within two years from the time the usurious transaction occurred.... | |
| United States. Congress. House - United States - 1863 - 1180 pages
...paid, the person or persons paying the same, or their legal representatives, may recover back, in any action of debt, twice the amount of the interest thus...from the association taking or receiving the same: Provided, That such action is commenced within two years from the time the usurious transaction occurred.... | |
| Commerce - 1864 - 496 pages
...paid, the person or persons paying the same, or their legal representatives; may recover hack, in any action of debt, twice the amount of the interest thus...from the association taking or receiving the same : Prodded, That such action is commenced within two years from the time the usurious transaction occurred.... | |
| James M. Hiatt - United States - 1868 - 426 pages
...paid, the person or persons paying the same, or their legal representatives, may recover hack, in any action" of debt twice the amount of the interest thus...from the association taking or receiving the same: Provided, That such action is commenced within two years from the time the usurious transaction occurred.... | |
| Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...paid, the person or persons paving the game, or their legal representatives, may recover back, in any action of debt, twice the amount of the interest thus...from the association taking or receiving the same: Provided, That such action is commenced within two ycara from the time the usurious transaction occurred.... | |
| Frederick Charles Brightly - Law - 1869 - 680 pages
...paid, the person or persons paying the same, or their legal representatives, may recover back, in any action of debt, twice the amount of the interest thus...from the association taking or receiving the same : Provided, That such action is commenced within two years from the time the usurious transaction occurred.... | |
| Law - 1882 - 624 pages
...note, bill or other evidence of debt carries with it, or which has been agreed to be paid thereon. In case the greater rate of interest has been paid,...from the association taking or receiving the same; provided such action is commenced within two years (mill the time the usurious transaction occurred.... | |
| Law - 1873 - 462 pages
...paid, the person or persons paying the same, or their legal representatives, may recover back, in any action of debt, twice the amount of the interest thus...from the association taking or receiving the same. Provided, that such action is commenced within two years from the time the usurious transaction occurred.... | |
| John Torrey Morse (Jr.) - Banking law - 1870 - 600 pages
...paid, the person or persons paying the same, or their legal representatives, may recover back, in any action of debt, twice the amount of the interest thus...from the association taking or receiving the same : Provided, That such action is commenced within two years from the time the usurious transaction occurred.... | |
| Law - 1870 - 546 pages
...been paid, the person or persons paying the same, or their legal representatives, may recover back p. provided, that such action Is commenced within two years from the time the said excess of interest... | |
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