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

D.C. Code § 28-3303: Usury defined.

Where this section sits in the code

Title 28. Commercial Instruments and Transactions. [Enacted title]
Chapter 33. Interest and Usury.

If a person or corporation contracts in the District,

(1)

verbally, to pay a greater rate of interest than 6% per annum, or

(2)

in writing, to pay a greater rate than is permitted under section 28-3301, 28-3308, under Chapter 36 of this subtitle, or under § 26-301 et seq., the creditor shall forfeit the whole of the interest so contracted to be received.

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

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