For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Interest on interest

La. Civ. Code art. 2001
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
2001. Interest on interest Interest on accrued interest may be recovered as damages only when it is added to the principal by a new agreement of the parties made after the interest has accrued. Acts 1984, No. 331, §1, eff. Jan. 1, 1985.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=109257Fetched: 10/20/2026

Starting a business in Louisiana? Louisiana LLC guide: costs and requirements