District of Columbia Statutes

§ 28-3304 — Action to recover usury paid.

District of Columbia·Title 28 Commercial Instruments and Transactions. [Enacted title]·Ch. 33 Interest and Usury.
If a person or corporation in the District directly or indirectly takes or receives a greater amount of interest than is declared by this chapter to be lawful, whether in advance or not, the person or corporation paying the same may within one year after the date of payment sue for and recover the amount of the unlawful interest so paid.

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Legislative History

Aug. 30, 1964, 78 Stat. 676, Pub. L. 88-509, § 1

Nearby Sections

15
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