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89 chapters · 1,810 sections in this title.
6 Del. C. § 2301. Legal rate; loans insured by Federal Housing Administration.
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§ 2301. Legal rate; loans insured by Federal Housing Administration. (a) Any lender may charge and collect from a borrower interest at any rate agreed upon in writing not in excess of 5% over the Federal Reserve discount rate including any surcharge thereon. Where there is no exp…
6 Del. C. § 2302. Secured demand loans for not less than $5,000 by banks and others.
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§ 2302. Secured demand loans for not less than $5,000 by banks and others. Every contract for the loan or advance of money by banking corporations, within this State, shall be subject to § 2301 of this title. In any case where loans or advances of money, made by banking corporati…
6 Del. C. § 2303. Loans of less than $500.
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§ 2303. Loans of less than $500. Repealed by 71 Del. Laws, c. 254, § 34, eff. Mar. 30, 1998.
6 Del. C. § 2304. Usury defined; borrower’s rights and remedies where interest exceeds the lawful rate.
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§ 2304. Usury defined; borrower’s rights and remedies where interest exceeds the lawful rate. (a) Usury is the charge to a borrower by a lender, directly or indirectly, of a higher rate of interest than that permitted by law. (b) When a rate of interest for the loan or use of mon…