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§ 28.3304 — District of Columbia Law | CourtGPT
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  4. Title 28 - Commercial Instruments and Transactions. [Enacted Title]/
  5. Chapter 33 - Interest and Usury§ 28–3301. Rate of Interest Expressed in Contract/
  6. § 28.3304
District of Columbia Legal Code

§ 28.3304

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Action to recover usury paid. If a person or corporation in the District directly or indirectly takes or receives a greater amount of interest than is declared by this chapter to be lawful, whether in advance or not, the person or corporation paying the same may within one year after the date of payment sue for and recover the amount of the unlawful interest so paid. (Aug. 30, 1964, 78 Stat. 676, Pub. L. 88-509, § 1.) Prior Codifications 1981 Ed., § 28-3304. 1973 Ed., § 28-3304.