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Form a Business

Penalty

M.G.L. c. 140, § 90E
in effect
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c. 140, § 90E. Penalty Section 90E. Whoever directly or indirectly charges, takes or receives for any loan which is subject to the provisions of section ninety A a greater rate of interest than is allowed by said section shall be punished by a fine of not more than one thousand dollars, or by imprisonment for not more than one year, or both.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXX/Chapter140/Section90EFetched: 10/20/2026

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