{
  "urn": "urn:us-la:rs:23:691",
  "title_number": "23",
  "section_number": "691",
  "citation": "R.S. 23:691",
  "heading": "Maximum interest rate; penalty for violations",
  "text": "No person shall, whether for his own account or for that of any other person, advance money to any one of his employees at a greater rate of interest than eight percent per annum. This provision shall not apply to financial institutions that are subject to R.S. 6:289. Whoever violates the provisions of this Section shall be fined not less than twenty-five dollars nor more than one hundred dollars or imprisoned for not more than three months, or both.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "23",
      "name": "LABOR AND WORKER'S COMPENSATION"
    },
    {
      "level": "chapter",
      "number": "7",
      "name": "LOANS"
    },
    {
      "level": "part",
      "number": "I",
      "name": "LOANS BY EMPLOYERS"
    }
  ],
  "breadcrumb": "Title 23 › Chapter 7 › Part I",
  "acts_citations": [
    {
      "act_year": 2001,
      "act_number": 814,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 2001, No. 814, §1.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=83965",
  "website_law_id": 83965,
  "scrape_timestamp": "2026-05-22T22:11:45Z",
  "source_html_hash": "sha256:07350913abea92387a8952c93d749bdb06b1716840407be6cd551d07d9b1c3df",
  "schema_version": "1.0.0"
}