7-4-13. Law of place of contract governs interest unless otherwise provided.
The only printed version. Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Every contract shall bear interest according to the law of the place of the contract at the time of the contract, unless upon its face it shall be apparent that the intention of the parties was to adopt the law of another forum; in this case the law of that forum shall govern.