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January 20, 2025 Clouds | 22°F
The 194th 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 90E Penalty

Section 90E

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.