District of Columbia Statutes

§ 28-3602 — Finance charge.

District of Columbia § 28-3602
JurisdictionDistrict of Columbia
Title 28Commercial Instruments and Transactions. [Enacted title]
Ch. 36Direct Motor Vehicle Installment Loans.

This text of District of Columbia § 28-3602 (Finance charge.) 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 § 28-3602 (2026).

Text

Such a bank or savings and loan association may contract for and receive interest at the rate provided for in Chapter 33 of this subtitle , or, in lieu of such interest, a finance charge which, if expressed as an annual percentage rate, does not exceed a rate of 21% per annum on the unpaid balances of principal.

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Legislative History

Dec. 17, 1971, 85 Stat. 667, Pub. L. 92-200, § 4; Mar. 10, 1982, D.C. Law 4-70, § 4, 28 DCR 5236

Nearby Sections

15
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Bluebook (online)
District of Columbia § 28-3602, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/28-3602.