Statutes, codes, and regulations
Delaware Code
Title 6 - COMMERCE AND TRADESubtitle II - OTHER LAWS RELATING TO COMMERCE AND TRADE
Chapter 23 - INTEREST
Section 2306 - Defense of usury as available to certain entities and associations

Del. Code tit. 6 § 2306

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Current through 2024 Legislative Session Act Chapter 531
Section 2306 - Defense of usury as available to certain entities and associations

No corporation, limited partnership, statutory trust, business trust or limited liability company, and no association or joint stock company having any of the powers and privileges of corporations not possessed by individuals or partnerships, shall interpose the defense of usury in any action.

6 Del. C. § 2306

Code 1852, § 1160; 16 Del. Laws, c. 310, § 1; Code 1915, § 2621; 28 Del. Laws, c. 213; Code 1935, § 3101; 6 Del. C. 1953, § 2306; 69 Del. Laws, c. 258, §55; 73 Del. Laws, c. 329, § 34.;