Code · Massachusetts · Part I — ADMINISTRATION OF THE GOVERNMENT · Title XX — PUBLIC SAFETY AND GOOD ORDER · Chapter 140

Section 111: Rate of interest in absence of agreement

56 words·~1 min read·/ma/part-i/title-xx/chapter-140/111

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 111. Sections ninety-six to one hundred and eleven, inclusive, shall not affect so much of section three of chapter one hundred and seven as provides that, if there is no agreement for a different rate, the interest on money shall be at the rate of six dollars upon each one hundred dollars for a year.