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Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 40-14-7: Interest rates.

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Where this section sits in the code
  1. Title 40 Human Services
  2. Chapter 14 Equipment Loan Fund for People with Disabilities

Interest rates for loans from the fund shall be established by the director; provided, however, that those rates shall be substantially lower than the prevailing rate of interest in this state for comparable loans, and shall not exceed five percent (5%). The term of the loan shall not exceed ten (10) years.

Collected 2026-09-05T19:59:29Z. Source file · JSON

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