Interest on interest

La. Civ. Code art. 2001

La. Civ. Code art. 2001

Art. 2001. Interest on interest Interest on accrued interest may be recovered as damages only when it is added to the principal by a new agreement of the parties made after the interest has accrued. Acts 1984, No. 331, §1, eff. Jan. 1, 1985.