lawful interest

lawful interest

The maximum interest rate allowed by law.Any amount higher is called usury and is illegal.Contrast with legal rate of interest, which is the amount set by state law when the parties fail to establish a contractual rate.

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It puts the lie to the government's claims that it has studiously avoided prying into the private lives of Americans, in whom it has no intelligence-related or lawful interest.
Waldo, a prominent merchant and money lender, and signed an IOU, promising to pay "One hundred and ninety Spanish Milled dollars on Demand with lawful interest in like Money after thirty days.
The policy requires that all appropriated assets be advertised and offered for sale on the general market, except where this is in violation of the lawful interest of customers.
Imagine the opportunity: Hundreds of developing nations in the middle of the most financially stable G8 nation; communities with a lawful interest in their resource-rich territories; and communities that now have the tools necessary to start developing their local economies as the rest of the country has.
to prohibit foreign NGOs from implementing projects without the aim of defending the constitutional system, morals, public health, rights and lawful interest of other people, guaranteeing defense capacity and security of the state.
Presently, sixty seven (67) million unique US residential telephone numbers appear on state and federal do not call registries, making them inaccessible to businesses that may have legitimate and lawful interest in contacting them.
Such agreement shall be valid only on condition that the worker is at least 21 years of age at the time of its conclusion and that the agreement is limited, as regards the time, the place and the nature of the business, to the extent necessary to safeguard the employer's lawful interest.
In addition to compensatory damages, the suit seeks exemplary damages, attorney's fees and costs and lawful interest.
I have above my desk a note issued in 1802 by Daniel Waldo to my great-grandfather, Amasa Southwick, for the value of "Four hundred and Nine spanish milled Dollars and Fifty eight cents in Gold or Silver," redeemable "on Demand, with lawful Interest, in like money.
The parties to the agreement will work to improve legislation of the Kyrgyz Republic regulating protection of rights and lawful interest of children in the Kyrgyz Republic.
We believe we must act with care to ensure we do not jeopardise the criminal or judicial process, nor the lawful interests of others, such as the borrowers with whom we have contractual relationships.
Such agreement shall be valid only on condition that the worker is at least 21 years of age at the time of its conclusion that the agreement is limited, as regards the time, the place and the nature of the business, to the extent necessary to safeguard the employer's lawful interests.