Section 12-110 - Effect of assignment on usurious loan or contract.
§ 12-110. Effect of assignment on usurious loan or contract.
An assignment of wages is void if given as security for the payment or fulfillment of a usurious contract or the payment of the principal or interest on a usurious loan.
[An. Code 1957, art. 8, § 10; 1975, ch. 49, § 3.]