District of Columbia Statutes
§ 26-909 — Penalty provisions in contracts prohibited.
District of Columbia § 26-909
JurisdictionDistrict of Columbia
Title 26Banks and Other Financial Institutions.
Ch. 9Money Lenders; Licenses.
This text of District of Columbia § 26-909 (Penalty provisions in contracts prohibited.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 26-909 (2026).
Text
In any contract made in pursuance of the provisions of this chapter it shall be unlawful to incorporate any provision for liquidated or other damages as a penalty for any default or forfeiture thereunder.
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Legislative History
Feb. 4, 1913, 37 Stat. 660, ch. 26, § 9
Nearby Sections
15
§ 26-1001
Definitions.§ 26-1002
License required.§ 26-1003
Exemptions.§ 26-1004
License qualifications.§ 26-1006
License application.§ 26-1007
Bond or other security device.§ 26-1008
Application fee.§ 26-1009
Issuance of license.§ 26-1011
Special reporting requirements.§ 26-1012
Changes in control of a licensee.§ 26-1013
Examinations.§ 26-1014
Maintenance of records.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 26-909, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/26-909.