2019 Delaware Code
Title 24 - Professions and Occupations
Chapter 23. Pawnbrokers, Secondhand Dealers and Scrap Metal Processors
Subchapter II Licensing
§ 2316 Rate of interest.

Universal Citation: 24 DE Code § 2316 (2019)

No person conducting the business of a pawnbroker shall ask, demand or receive a greater rate of interest than 30 percent per month on any loans secured by pledge of personal property.

24 Del. Laws, c. 162, § 8; Code 1915, § 1203; 30 Del. Laws, c. 83, § 1; Code 1935, § 1389; 24 Del. C. 1953, § 2308; 75 Del. Laws, c. 284, § 1; 77 Del. Laws, c. 185, § 6; 81 Del. Laws, c. 102, § 9.

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