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8-819 Personal loans; unregistered banks; costs of suit; attorney's fees.

8-819. Personal loans; unregistered banks; costs of suit; attorney's fees.If, in any court proceeding involving or arising out of a personal loan made after May 24, 1965, by any unregistered bank, the party alleged or purported to be obligated on account of the loan is the prevailing party in asserting any right or defense relating to such loan, he shall be entitled to recover from the opposing party, in addition to taxable costs and expenses to which he would otherwise be entitled, all other costs of litigation, including attorney's fees, actually paid or incurred in asserting or defending his rights on the issues with respect to which he was the prevailing party in whatever amounts the court may find to be reasonable, to be taxed as costs. SourceLaws 1965, c. 31, ยง 5, p. 214.

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