§ 5.20.090. Rate of interest.*

Latest version.

The licensing commission for the city may fix the rate of interest which pawnbrokers may receive on loans and may fix different rates which may be received for different amounts of money lent. No licensed pawnbroker shall charge or receive a greater rate of interest than that so fixed.

(Prior revision § 14-9)

* For the authority of the city to limit rate of interest which pawnbrokers may receive, see G.L. Ch. 140, § 72.

                    
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