Rhode Island § 6-26-6 - Interest and Usury
Full text of Rhode Island Rhode Island General Laws § 6-26-6 — Interest and Usury, with citation guidance and answers to common questions.
§ 6-26-6. Interest and Usury
R.I. Gen. Laws § 6-26-6
§ 6-26-6. Damages and interest on foreign protested bill of exchange.
Whenever any foreign bill of exchange is or shall be drawn or endorsed within this state for the payment of any sum of money, and the bill is or shall be returned from any place or country outside the limits of the United States protested for nonacceptance or nonpayment, the drawer or endorser shall be subject to the payment of ten percent (10%) damages on the bill and charges for protest and the bill shall carry an interest of six percent (6%) per annum from the date of the protest.
History of Section.
G.L. 1896, ch. 166, § 1; G.L. 1909, ch. 201, § 1; G.L. 1923, ch. 228, § 1; G.L. 1938,
ch. 456, § 1; G.L. 1956, § 6-23-1; P.L. 2014, ch. 528, § 15.
Source: official Rhode Island text · Last verified 2026-08-27
Frequently Asked Questions About Rhode Island § 6-26-6
What does Rhode Island General Laws § 6-26-6 cover?
Section 6-26-6 ("Interest and Usury") is part of the Rhode Island General Laws, the codified statutory law of Rhode Island. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Rhode Island § 6-26-6?
A common citation format is "Rhode Island General Laws § 6-26-6" (Rhode Island). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Rhode Island law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Rhode Island official source linked on this page or consult a licensed Rhode Island attorney.
How does Rhode Island § 6-26-6 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Rhode Island can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Rhode Island.