District of Columbia Statutes
§ 42-2407 — Penalty.
District of Columbia § 42-2407
This text of District of Columbia § 42-2407 (Penalty.) 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 § 42-2407 (2026).
Text
(a)Any person suffering a loss due to the failure of a lender or of a settlement agent to cause disbursement as required by this chapter shall be entitled to recover, in addition to the amount of actual damages, double the amount of any interest collected in violation of this chapter, plus any reasonable attorneys’ fees incurred in the collection of that amount.
(b)Civil fines, penalties, and fees may be imposed as alternative sanctions for any infraction of the provisions of this chapter, or any rules or regulations issued under the authority of this chapter, pursuant to Chapter 18 of Title 2 . Adjudication of any infraction of this chapter shall be pursuant to Chapter 18 of Title 2 .
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Legislative History
Feb. 24, 1987, D.C. Law 6-187, § 8, 33 DCR 7681; Mar. 8, 1991, D.C. Law 8-237, § 15, 38 DCR 314
Nearby Sections
15
§ 42-1001
“Power” defined.§ 42-1002
General power.§ 42-1003
Special power.§ 42-1004
Beneficial power.§ 42-1009
Right of grantor to reserve power.§ 42-1011
General powers in trust.§ 42-1012
Special powers in trust.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 42-2407, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/42-2407.