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Delaware · Through 2026-08-10 (85 Del. Laws, c. 421, 424) · Newer source version available

19 Del. C. § 701: Order on employer to pay employee’s loan carrying excessive interest rate; penalty for payment.

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Where this section sits in the code
  1. Title 19. Labor
  2. General Provisions
  3. CHAPTER 7. Employment Practices
  4. Subchapter I. General Provisions

(a) No employer in this State shall knowingly pay any warrant or order due any person for borrowed money where more than the lawful rate of interest has been received or charged for the money borrowed.

(b) Any employer, whether an individual, member of a firm, agent or officer of a corporation, who shall knowingly violate this section shall be subject to a civil penalty of not less than $1,000 nor more than $5,000 for each violation. A civil penalty claim may be filed in any court of competent jurisdiction.

Collected 2026-09-05T23:02:25Z. Source file · JSON

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