# 6 Del. C. § 2306: § Â 2306. Defense of usury as available to certain entities and associations

> Delaware · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_C23_S2306

## Section

- **Citation:** 6 Del. C. § 2306
- **Heading:** § Â 2306. Defense of usury as available to certain entities and associations
- **Jurisdiction:** Delaware
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Delaware Code / Title 6 / Chapter 23 / Section 2306

## Text

No corporation, limited partnership, statutory trust, business trust or limited liability company, and no association or joint stock company having any of the powers and privileges of corporations not possessed by individuals or partnerships, shall interpose the defense of usury in any action.

## Nearby sections

- [6 Del. C. § 2301 § Â
        2301. Legal rate; loans insured by Federal Housing Administration.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_C23_S2301.md)
- [6 Del. C. § 2302 § Â
        2302. Secured demand loans for not less than $5,000 by banks and others.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_C23_S2302.md)
- [6 Del. C. § 2303 § Â
        2303. Loans of less than $500.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_C23_S2303.md)
- [6 Del. C. § 2304 § Â
        2304. Usury defined; borrower’s rights and remedies where interest exceeds the lawful rate.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_C23_S2304.md)
- [6 Del. C. § 2305 § Â
        2305. Negotiable paper; rights of holders.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_C23_S2305.md)
- [6 Del. C. § 2306 § Â
        2306. Defense of usury as available to certain entities and associations.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_C23_S2306.md)
- [6 Del. C. § 2307 § Â
        2307. International banking transactions.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_C23_S2307.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_C23_S2306. Check the current official text before relying on it. Not legal advice.