W.2d 831 (1948); Change Financial & Trust Co

We really do not envision the mere fact that there may be in Florida a usury law and this prohibits particular interest rates kits an excellent good public rules up against such run in this state where interstate money are involved

Jurisdiction vested lower than article V, part step three(b)(3), Fl Constitution (1972), by the disagreement which have Northern Have always been. Mtg. People v. Cape San Blas Partnership, 357 Very. 2d 416 (Fla. 1st DCA 1977). Which conflict procedure are resolved because of the our . Mtg. Traders v. Cape San Blas Joint venture, 378 Very. 2d 287 (Fla. 1979).

That it business are known as Continental Advisors by legal below. 354 Therefore. 2d 67, 69-70 (Fla. 3d DCA 1977).

Seem to, Size. Ann. Statutes ch. 107, 3 (1975) is the relevant rules. That it section lets people so you’re able to contract your interest rate thus enough time once the arrangement is actually writing.

Find plus Feedback, Usury on Conflict of Laws and regulations: This new Philosophy regarding Lex Debitoris, 55 Cal.L. Rev. 123, 178 (1967).

Significantly, when you look at the Davis v. Ebsco Indus., Inc., 150 Therefore. 2d 460 (Fla. three dimensional DCA 1963), whenever up against the option of law problem related to a beneficial multistate bargain that has a covenant-not-to-compete, the newest legal used Nyc legislation once the selected from the people. Brand new court do just not impose the newest offer for the Florida. Read the rest of this entry »