District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 26-909: Penalty provisions in contracts prohibited.

Where this section sits in the code

Title 26. Banks and Other Financial Institutions.
Chapter 9. Money Lenders; Licenses.

In any contract made in pursuance of the provisions of this chapter it shall be unlawful to incorporate any provision for liquidated or other damages as a penalty for any default or forfeiture thereunder.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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