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Section - 79. Interest when rate specified
When interest at a specified rate is expressly made payable on a promissory note or bill of exchange, interest shall be calculated at the rate specified, on the amount of the
1. Ins. by Act 6 of 1897, s. 2.
2. Ins. by Act 25 of 1920. s. 2.
3. Subs. by Act 12 of 1921, s. 3, for “for payment”.principal money due thereon, from the date of the instrument, until tender or realization of such amount, or until such date after the institution of a suit to recover such amount as the Court directs.
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