{"data":{"id":"us-ms/miss.-code-ann.-75-17-27","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 75-17-27","heading":"Miss. Code Ann. § 75-17-27","body":"A late payment charge, not exceeding Five Dollars ($5.00) or four percent (4%) of the amount of any delinquency, whichever is greater, if contracted for in writing, shall not be considered a finance charge, but no such charge shall be made unless such delinquency is more than fifteen (15) days past due; provided, however, that such late payment charge may be collected only one (1) time on a specific installment and no late payment charge may be collected on a partial payment resulting from the deduction of a late payment charge from a regular scheduled payment. On loans of One Hundred Thousand Dollars ($100,000.00) or less having a stated maturity of five (5) years or less, such late payment charge shall in no event exceed Fifty Dollars ($50.00).","path":["MS Code","Title 75"],"source_url":"https://legislature.ms.gov/","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:17Z","sha256":"86466b64b97f60ede2bf146fbab920d5068fba66e8f83becf0b164e941637183","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-75-17-25","next":"us-ms/miss.-code-ann.-75-17-29"},"notice":"GroundRules: Original legal text. Not legal advice."}