{"publisher":"NovaCopilot","source":{"name":"New York State Senate Open Legislation","url":"https://www.nysenate.gov/legislation/laws/GOB/5-501"},"license":"https://legal.exploreworldai.com/revision","id":"us-new-york:usury-civil-rate","jurisdiction":"United States","state":"New York","level":"state","question":"What is New York's general civil usury limit?","answer":"The general civil usury ceiling is 16 percent per year under the rate prescribed pursuant to General Obligations Law section 5-501, subject to transaction and borrower exceptions.","reference":"N.Y. Gen. Oblig. Law § 5-501 and 3 NYCRR § 4.1","authority":"New York State Department of Financial Services","legalKind":"statute","status":"In force at the reading date","readAt":"2026-09-22","relatedRules":[],"relatedCases":[],"canonical":"https://legal.exploreworldai.com/us/new-york/questions/usury-civil-rate","version":"us-new-york-v1.0.0","hash":"sha256:d9965ff2394703ceea50606e9bdd318526dcf4aac3968b70b1b02d8a73c0877f"}