this is an outdated text: switch to the updated & improved dc code website
home, about

The DC Code: § 31-1110 Delinquency charges.

Index31 Insurance and Securities. (Refs & Annos)

A premium finance agreement may provide for the payment by the insured of a delinquency charge of $1 to a maximum of 5% of the delinquent installment which is in default for a period of 5 days or more.

Historical and Statutory

Prior Codifications 1981 Ed., § 35-1560. 1973 Ed., § 35-1370. Legislative History of Laws For legislative history of D.C. Law 5-40, see Historical and Statutory Notes following § 31-1109. DC CODE § 31-1110 Current through December 11, 2012

Credits

(Oct. 9, 1940, ch. 792, ch. III, § 60; Apr. 18, 1966, 80 Stat. 126, Pub. L. 89-403, § 1; Nov. 15, 1983, D.C. Law 5-40, § 2(b), 30 DCR 4994.)