With respect to a consumer credit sale or direct installment loan the agreement may provide for the payment by the consumer of reasonable attorney's fees not in excess of 15% of the unpaid balance of the obligation.
CREDIT(S)
(Dec. 17, 1971, 85 Stat. 670, Pub. L. 92-200, § 4; Apr. 9, 1997, D.C. Law 11-255, § 27(o), 44 DCR 1271.)
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 28-3806.
1973 Ed., § 28-3806.
Legislative History of Laws
For legislative history of D.C. Law 11-255, see Historical and Statutory Notes following § 28-3802.