47-14-110 - Usury as a defense.
47-14-110. Usury as a defense.
(a) A defendant sued for money may avoid the excess over lawful interest by pleading usury, setting forth the amount of such excess.
(b) In order to sustain a defense of usury, the burden is on the party claiming usury.
[Acts 1979, ch. 203, § 9.]