Delaware Statutes
§ 2316 — Rate of interest
Delaware·Title 24·Ch. 23 PAWNBROKERS, SECONDHAND DEALERS AND SCRAP METAL PROCESSORS·Subch. Licensing
No person conducting the business of a pawnbroker shall ask, demand or receive a greater rate of interest than 30 percent per month on any loans secured by pledge of personal property.
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Legislative History
24 Del. Laws, c. 162, § 8 ; Code 1915, § 1203; 30 Del. Laws, c. 83, § 1 ; Code 1935, § 1389; 24 Del. C. 1953, § 2308; 75 Del. Laws, c. 284, § 1 ; 77 Del. Laws, c. 185, § 6 ; 81 Del. Laws, c. 102, § 9
Nearby Sections
15
§ 2301
Definitions§ 2302
Reporting requirements§ 2304
Holding period§ 2307
Prohibited transactions§ 2308
Penalties§ 2309
Local regulations§ 2310
Licenses required§ 2311
Qualifications§ 2312
Records§ 2313
License fees§ 2315
Pawnbroker’s insurance