Mass. Gen. Laws ch. 140 § 78

Current through Chapter 118 of the 2024 Legislative Session
Section 140:78 - Regulations; interest rate

The authorities who grant licenses to pawnbrokers shall establish regulations, to the satisfaction of the commissioner of banks, relative to the business carried on and the rate of interest to be charged by them, and a pawnbroker shall not charge or receive upon any loan a greater rate of interest than that fixed by the licensing authorities.

Mass. Gen. Laws ch. 140, § 78