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The Laws of New York
Consolidated Laws of New York
CHAPTER 24-A
General Obligations
ARTICLE 5
Creation, Definition and Enforcement of Contractual Obligations
TITLE 5
Interest and Usury; Brokerage On Loans
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SECTION 5-511
Usurious contracts void
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TITLE 5
Interest and Usury; Brokerage On Loans
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SECTION 5-515
Borrower bringing an action need not offer to repay
This entry was published on 2014-09-22
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SECTION 5-513
Recovery of excess
General Obligations (GOB) CHAPTER 24-A, ARTICLE 5, TITLE 5
§ 5-513. Recovery of excess. Every person who, for any such loan or
forbearance, shall pay or deliver any greater sum or value than is
allowed to be received pursuant to section 5-501, and his personal
representatives, may recover in an action against the person who shall
have taken or received the same, and his personal representatives, the
amount of the money so paid or value delivered, above the rate
aforesaid.