Delaware Code Title 24 Sec. 2316 – Rate of interest
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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;
Terms Used In Delaware Code Title 24 Sec. 2316
- Month: means a calendar month, unless otherwise expressed. See Delaware Code Title 1 Sec. 302
- Pawnbroker: means any person, company, corporation, or member or members of a partnership or firm who:
- Personal property: All property that is not real property.