HALL, Justice.
This suit originated as an action on an open account. Both parties are corporations. The suit was defended and a counterclaim was filed on the ground that interest charged monthly on the balance of the account, in part at the rate of 1½% per month, was usurious. The primary question in the case is whether the interest charged was authorized under the provisions of article 1302-2.09, Vernon's Tex. Civ.St.
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.