State Act

1642

Section 1642. Bar on compounding of interest

Portuguese Civil Code, 1867

Act no. none printed (index gives 0)1867In forceGoa (State Act)

Article 1642 – Bar on compounding of interest - Interest accrued for more than 5 years cannot be claimed nor interest on interest, but the parties to a contract may by a new contract capitalize the interest which is already accrued.