section 1508
Loan as Hire and Loan for interest
The Portuguese Civil Code, 1867General18672540 sections
Statutory text
Article 1508 – Loan as Hire and Loan for interest Loan is essentially gratuitous. When there is compensation, the loan for use (Commodatum) takes the nature of Hire and loan for consumption, becomes Loan for interest ("Usury", now archaic).
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