Louisiana
For Louisiana, interest rate cap is three percent per annum; statute citation is La. R.S. 51:1503, recorded from its source on 2026-08-27; source re-checked 2026-08-31.
- jurisdiction
- Louisiana our reading
- interest rate cap
- three percent per annum verified
- statute citation
- La. R.S. 51:1503 our reading
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
§1503. Interest rate limitation 18 Interest on medical debt arising from medically necessary care shall not 19 exceed three percent per annum. Any contractual provision imposing a higher 20 rate is void.
— legis.la.gov, retrieved 2026-08-27
Source
- legis.la.govhttps://www.legis.la.gov/legis/ViewDocument.aspx?d=1481256