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.)
1981 Ed., § 28-3304.
1973 Ed., § 28-3304.
Structure District of Columbia Code
Title 28 - Commercial Instruments and Transactions. [Enacted title]
Chapter 33 - Interest and Usury
§ 28–3301. Rate of interest expressed in contract
§ 28–3302. Rate of interest not expressed and on judgments
§ 28–3304. Action to recover usury paid
§ 28–3305. Unlawful interest credited on principal debt
§ 28–3306. Parties compelled to testify
§ 28–3307. Council of the District of Columbia authorized to exempt certain mortgages and loans
§ 28–3308. Finance charge on direct installment loans
§ 28–3310. Consumer protections
§ 28–3311. Definition of interest
§ 28–3315. Exemption of institutions of higher learning from usury law