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May 12, 2024 Clouds | 55°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XX PUBLIC SAFETY AND GOOD ORDER
  4. Chapter 140 LICENSES
  5. Section 111 Rate of interest in absence of agreement

Section 111

Section 111: Rate of interest in absence of agreement

Section 111. Sections ninety-six to one hundred and eleven, inclusive, shall not affect so much of section three of chapter one hundred and seven as provides that, if there is no agreement for a different rate, the interest on money shall be at the rate of six dollars upon each one hundred dollars for a year.