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47-14-110 - Usury as a defense.

47-14-110. Usury as a defense.

(a)  A defendant sued for money may avoid the excess over lawful interest by pleading usury, setting forth the amount of such excess.

(b)  In order to sustain a defense of usury, the burden is on the party claiming usury.

[Acts 1979, ch. 203, § 9.]  

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