Civil Code Article 233June 19, 2019

When the object of an obligation which is in default is the payment of money, the creditor may claim interest for the default, which is to be calculated at the statutory rate. But if the agreed rate of interest is higher, this higher rate shall apply. "There is no need to pay interest for the interest of default. "In cases specified in the preceding two paragraphs, if the creditor can prove other injuries sustained, he may claim compensation for the same.

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