BENOIT v. UNITED COMPANIES MORTG. OF MISS.

No. 56875.

504 So.2d 196 (1987)

Michael M. BENOIT and Julia A. Benoit v. UNITED COMPANIES MORTGAGE OF MISSISSIPPI, INC.

Supreme Court of Mississippi.

March 4, 1987.


Attorney(s) appearing for the Case

Dennis L. Horn, Horn & Payne, Hazlehurst, for appellant.

Robert L. Rogers, Jr., Gillespie & Rogers, Hattiesburg, for appellee.

Before ROY NOBLE LEE, P.J., and ROBERTSON and ANDERSON, JJ.


ROBERTSON, Justice, for the Court:

This appeal presents the question whether, in the case of prepayment of a loan made by a licensee under the Small Loan Privilege Tax Act and where the amount prepaid has been computed wholly in conformity with the provisions of the Small Loan Regulatory Act, the prepayment is nevertheless subject to scrutiny under restrictions on prepayment penalties found in our general usury statute. In the context of today's facts, we answer the...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases