17-7105. Usury not a defense by corporation.

17-7105

Chapter 17.--CORPORATIONS Article 71.--ACTIONS AGAINST CORPORATIONS, DIRECTORS, OFFICERS OR STOCKHOLDERS

      17-7105.   Usury not a defense by corporation. No corporation shall plead any statute against usury in any court in any suit instituted to enforce the payment of any bond, note or other evidence of indebtedness issued or assumed by it.

      History:   L. 1972, ch. 52, § 124; July 1.