Legal Opinion

Rosen v. Columbia Savings & Loan Ass'n

New York Supreme Court

Decided March 27, 1961PublishedCited by 5 opinions

1Opinion of the Court

William R. Brennan, Jr., J.

Both sides move for summary judgment in this action brought to recover $51,000 under the provisions of section 380-e of the Banking Law. That is a recent addition made by chapter 963 of the Laws of 1960, effective April 28,1960. It is entitled “ Effect of usury ” and reads in part: ‘1 The knowingly taking, receiving, reserving, or charging by a savings and loan association of interest at a rate greater than six per centum per annum, or in excess of such greater rate of interest as may be authorized by law, shall be held and adjudged a forfeiture of the entire…

2Cases cited17 opinions

  1. General Phoenix Corp. v. CabotNew York Court of Appeals · 1949
  2. Jenkins v. MoyseNew York Court of Appeals · 1930
  3. Salvin v. . Myles Realty Co.New York Court of Appeals · 1919
  4. Union Dime Savings Institution v. WilmotNew York Court of Appeals · 1883
  5. Pink v. L. Kaplan, Inc.Appellate Division of the Supreme Court of the State of New York · 1937

12 more not listed; retrieve them via the Exa API.

3Cited by5 opinions

  1. Meadow Brook National Bank v. RecileDistrict Court, E.D. Louisiana · 1969
  2. Wiltsek v. Anglo-American Properties, Inc.District Court, S.D. New York · 1967
  3. Bethke v. Idaho Sav. & Loan AssociationIdaho Supreme Court · 1969
  4. Bethke v. Idaho Sav. & Loan AssociationIdaho Supreme Court · 1969
  5. Soparge v. RosenblattAppellate Division of the Supreme Court of the State of New York · 1971

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