Section 3. If there is no agreement or provision of law for a different rate, the interest of money shall be at the rate of six dollars on each hundred for a year, but, except as provided in sections seventy-eight, ninety, ninety-two, ninety-six and one hundred of chapter one hundred and forty, it shall be lawful to pay, reserve or contract for any rate of interest or discount. No greater rate than that before mentioned shall be recovered in a suit unless the agreement to pay it is in writing.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title XV - Regulation of Trade
Section 2 - Accounts, Notes, Bonds or Other Instruments Expressed in Other Moneys
Section 4 - Issuance of Registered Bonds
Section 10 - Determination of Damages in Contract Action
Section 13 - Certification of Protest by Notary; Prima Facie Evidence
Section 45a - Use of Facsimile Signatures on Checks Drawn by Treasurers of Public Bodies