Rhode Island § 42-11.1-11 § 42-11.1-11. Chapter to control — Contractual waiver void.

Rhode Island Statutes

§ 42-11.1-11 — § 42-11.1-11. Chapter to control — Contractual waiver void.

Rhode Island § 42-11.1-11

Title 42State Affairs and Government

Ch. 42-11.1Prompt Payment by Department of Administration

This text of Rhode Island § 42-11.1-11 (§ 42-11.1-11. Chapter to control — Contractual waiver void.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 42-11.1-11 (2026).

Text

§ 42-11.1-11. Chapter to control — Contractual waiver void.
No contract entered into after January 1, 1988, shall contain any provision requiring
            the payment of interest in a manner inconsistent with this chapter, and any provision
            contained in the contract that waives the right to the payment of interest is hereby
            declared to be contrary to public policy and wholly void.
         

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§ 42-11.1-11. Chapter to control — Contractual waiver void.

No contract entered into after January 1, 1988, shall contain any provision requiring the payment of interest in a manner inconsistent with this chapter, and any provision contained in the contract that waives the right to the payment of interest is hereby declared to be contrary to public policy and wholly void.