# D.C. Code § 28-3309: Council of the District of Columbia authorized to exempt certain loans, and to change rates of interest

> District of Columbia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3309

## Section

- **Citation:** D.C. Code § 28-3309
- **Heading:** Council of the District of Columbia authorized to exempt certain loans, and to change rates of interest
- **Jurisdiction:** District of Columbia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** DC Code / Title 28 / Chapter 33 / § 28-3309

## Text

The Council of the District of Columbia is authorized from time to time to provide by regulation for (1) the exemption from the provisions of this chapter of any loan or financial transaction, and (2) the change of any interest rate specified in this chapter. The Council is further authorized to amend or repeal any such regulation at any time, but no such amendment or repeal relating to any exemption made under authority of this section shall affect any such loan or financial transaction lawfully made or entered into while such exemption is in effect.

## Nearby sections

- [D.C. Code § 28-3301 § 28-3301. Rate of interest expressed in contract.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3301.md)
- [D.C. Code § 28-3302 § 28-3302. Rate of interest not expressed and on judgments.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3302.md)
- [D.C. Code § 28-3303 § 28-3303. Usury defined.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3303.md)
- [D.C. Code § 28-3304 § 28-3304. Action to recover usury paid.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3304.md)
- [D.C. Code § 28-3305 § 28-3305. Unlawful interest credited on principal debt.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3305.md)
- [D.C. Code § 28-3306 § 28-3306. Parties compelled to testify.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3306.md)
- [D.C. Code § 28-3307 § 28-3307. Council of the District of Columbia authorized to exempt certain mortgages and loans.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3307.md)
- [D.C. Code § 28-3308 § 28-3308. Finance charge on direct installment loans.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3308.md)
- [D.C. Code § 28-3309 § 28-3309. Council of the District of Columbia authorized to exempt certain loans, and to change rates of interest.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3309.md)
- [D.C. Code § 28-3310 § 28-3310. Consumer protections.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3310.md)
- [D.C. Code § 28-3311 § 28-3311. Definition of interest.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3311.md)
- [D.C. Code § 28-3312 § 28-3312. Unlawful practices.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3312.md)
- [D.C. Code § 28-3313 § 28-3313. Penalties.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3313.md)
- [D.C. Code § 28-3314 § 28-3314. Right of action.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3314.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DC_T28_C33_S28-3309. Check the current official text before relying on it. Not legal advice.