§ 28-3303. Usury defined.
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DC Code › Title 28 › Chapter 33 › § 28-3303
Text
If a person or corporation contracts in the District,
(1) verbally, to pay a greater rate of interest than 6% per annum, or
(2) in writing, to pay a greater rate than is permitted under section 28-3301, 28-3308, under Chapter 36 of this subtitle , or under § 26-301 et seq., the creditor shall forfeit the whole of the interest so contracted to be received.
This section does not affect sections 26-901 to 26-912 .
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