Hogg v. Ruffner

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• usury statute merely codified the common law principle that a contract itself is not usurious if it “is not for the loan of money” or “for forbearance of a debt or sum of money”
• “To constitute usury [under an Indiana statute reflecting the common law definition], there must either be a loan and a taking of usurious interest, or the taking of more than legal interest for the forbearance of a debt or sum of money due.”

Source: CourtListener parenthetical corpus (CC0).