If a borrower desires to renew an existing loan for the purpose of obtaining additional cash a new contract shall be drawn up in its entirety and the prior loan shall be paid in full from the proceeds of the new loan. All legal papers in connection with the previous loan shall be stamped 'PAID IN FULL' and returned to the customer.
U.S. Virgin Islands Legal Code
186
U.S. Virgin Islands § 186 — U.S. Virgin Islands law