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12 chapters · 141 sections in this title.
11 V.I.C. § 951 Legal rate of interest
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(a) The rate of interest shall be nine (9%) per centum per annum on—(1) all monies which have become due;(2) money received to the use of another and retained beyond a reasonable time without the owner's consent, either express or implied;(3) money due upon the settlement of matu…
11 V.I.C. § 952 Usury
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No person shall, directly or indirectly, receive in money, goods, or things in action, or in any other manner, any greater sum or value for the loan or use of money, or upon contract founded upon any bargain, sale or loan of wares, merchandise, goods, chattels, lands and tenement…
11 V.I.C. § 953 Usury; borrower's right to collect double damage
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If usurious interest, as defined by sections 951 and 952 of this title, shall be received or collected, the person or persons paying the same, or their legal representatives, may by an action brought within two years after such payment, receive from the person, firm, or corporati…
11 V.I.C. § 954 Forfeiture of interest
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If it is ascertained in any action brought on any contract, that a rate of interest has been contracted for greater than is authorized by this chapter, whether directly or indirectly, in money, property, or other valuable thing, or that any gift or donation of money, property, or…
