D.C. Code § 31-4707

Current through codified legislation effective October 30, 2024
Section 31-4707 - Ascertainment of loan indebtedness

In ascertaining the indebtedness due upon policy or premium loans the interest, if not paid when due, shall be added to the principal of such loans and shall bear interest at the rate specified in the note or loan agreement.

D.C. Code § 31-4707

June 19, 1934, 48 Stat. 1164, ch. 672, ch. V, § 7.