Ca_Law

statute | California

Civil Code - CIV - CIV § 1916

  • UIDca_leginfo_codes:civ-1916
  • CitationCivil Code - CIV - CIV § 1916
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an annual rate.

Text

When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an annual rate.

Retrieval chunks

  • #1 | Civil Code - CIV - CIV § 1916

    When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an annual rate.