Louisiana Promissory Note Sample Contracts

LOUISIANA PROMISSORY NOTE (SECURED)
Louisiana Promissory Note • February 14th, 2016

ON THIS ____ DAY OF ____________________, 20___, _________________________________ [Name of Borrower], of _______________________ [Address of Borrower], hereinafter known as the “Borrower” promises to pay to _________________________________ [Name of Lender], of _______________________ [Address of Lender], hereinafter known as the “Lender”, the principal sum of ________________________ Dollars ($__________________), with interest accruing on the unpaid balance at a rate of _______________ percent (___%) per annum (The amount of the conventional interest in Louisiana cannot exceed twelve percent per annum) (Interest and Usury) of the Louisiana Statutes.

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LOUISIANA PROMISSORY NOTE (UNSECURED)
Louisiana Promissory Note • October 12th, 2018

ON THIS ____ DAY OF ____________________, 20___, _________________________________ [Name of Borrower], of _______________________ [Address of Borrower], hereinafter known as the “Borrower” promises to pay to _________________________________ [Name of Lender], of _______________________ [Address of Lender], hereinafter known as the “Lender”, the principal sum of ________________________ Dollars ($__________________), with interest accruing on the unpaid balance at a rate of _______________ percent (___%) per annum in accordance (Interest and Usury) of the Louisiana Statutes.

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