{"data":{"id":"us-dc/d.c.-code-28-3305","jurisdiction":"us-dc","citation":"D.C. Code § 28-3305","heading":"Unlawful interest credited on principal debt.","body":"In an action upon a contract for the payment of money with interest at a rate forbidden by law, any payment of interest that may have been made on account of the contract is deemed to be payment made on account of the principal debt; and judgment shall be rendered for no more than the balance found due after deducting and properly crediting the interest so paid. A bona fide indorsee of negotiable paper purchased before due is not affected by any usury exacted by a former holder of the paper unless he had notice of the usury before his purchase.","path":["Title 28. Commercial Instruments and Transactions. [Enacted title]","Chapter 33. Interest and Usury."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28-3305","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"70168a4c7fdf5d954576aae65f1c0aaeaa29b7cb91c291e35f014a8f67487d08","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-3304","next":"us-dc/d.c.-code-28-3306"},"notice":"GroundRules: Original legal text. Not legal advice."}