{"data":{"id":"us-md/md.-code-commercial-law-12-102","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 12–102","heading":"","body":"Except as otherwise provided by law, a person may not charge interest in excess of an effective rate of simple interest of 6 percent per annum on the unpaid principal balance of a loan.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=12-102","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"3951ba1bad10c51c7c43320766c502d3102dd644298c6da6263c03f3dc710c7b","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-12-101.1","next":"us-md/md.-code-commercial-law-12-103"},"notice":"GroundRules: Original legal text. Not legal advice."}