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Article 1263

Du Prêt à intérêt

Contract Law

Titre XXIV: Du Prêt (On Loan)

Chapitre III: Du Prêt à intérêt (On Interest-Bearing Loans)

On peut stipuler des intérêts pour prêt d'argent, denrées, ou autres objets mobiliers, en se conformant aux lois.

Life lesson: Charging interest is legal — for money, goods, or any movable loan — as long as you follow the law.

Notes: Legality of interest: expressly permitted for money, produce, and movables. Must comply with applicable laws. Breaks with canon law prohibition on usury.