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GENERAL LOAN AND STOCK ACT

Section 23: Cesser of interest from day appointed for payment of principal.

1916Section 23 of 41•Federal Republic of Nigeria

From and after the day appointed for the repayment of any debenture all interest on the principal moneys represented thereby shall cease and determine, whether payment of the principal shall have been demanded or not.

Cite this section

Section 23, GENERAL LOAN AND STOCK ACT (1916).

https://repo.podus.ai/laws/general-loan-and-stock-act/section/23/