General Laws of Massachusetts - Chapter 140 Licenses - Section 90E Penalty

Section 90E. Whoever directly or indirectly charges, takes or receives for any loan which is subject to the provisions of section ninety A a greater rate of interest than is allowed by said section shall be punished by a fine of not more than one thousand dollars, or by imprisonment for not more than one year, or both.

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Last modified: September 11, 2015