State Codes and Statutes

Statutes > District-of-columbia > Division-v > Title-26 > Chapter-9 > Section-26-909

Penalty provisions in contracts prohibited

In any contract made in pursuance of the provisions of this chapter it shall be unlawful to incorporate any provision for liquidated or other damages as a penalty for any default or forfeiture thereunder.

CREDIT(S)

(Feb. 4, 1913, 37 Stat. 660, ch. 26, § 9.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 26-709.
1973 Ed., § 26-609.

Current through September 13, 2012

State Codes and Statutes

Statutes > District-of-columbia > Division-v > Title-26 > Chapter-9 > Section-26-909

Penalty provisions in contracts prohibited

In any contract made in pursuance of the provisions of this chapter it shall be unlawful to incorporate any provision for liquidated or other damages as a penalty for any default or forfeiture thereunder.

CREDIT(S)

(Feb. 4, 1913, 37 Stat. 660, ch. 26, § 9.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 26-709.
1973 Ed., § 26-609.

Current through September 13, 2012


State Codes and Statutes

State Codes and Statutes

Statutes > District-of-columbia > Division-v > Title-26 > Chapter-9 > Section-26-909

Penalty provisions in contracts prohibited

In any contract made in pursuance of the provisions of this chapter it shall be unlawful to incorporate any provision for liquidated or other damages as a penalty for any default or forfeiture thereunder.

CREDIT(S)

(Feb. 4, 1913, 37 Stat. 660, ch. 26, § 9.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 26-709.
1973 Ed., § 26-609.

Current through September 13, 2012