CT · SERVICE-AGMT · Updated July 2026 · Free
Connecticut Service Agreement
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Connecticut at a glance: Late Interest Cap: 12% per year (Conn. Gen. Stat. § 37-1) · Governing Law: Connecticut Statutes Title 37
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Overview
Service Agreements in Connecticut
Connecticut service agreements are governed by contract common law. Late fee interest is subject to Title 37 usury rules.
Key Facts
Connecticut Service Agreement — Quick Reference
| Requirement | Connecticut Rule |
|---|---|
| Late Interest Cap | 12% per year (Conn. Gen. Stat. § 37-1) |
| Governing Law | Connecticut Statutes Title 37 |
Legal Requirements
Connecticut Legal Requirements
- Late payment charges must not exceed the 12% statutory limit.
Governing Laws
Connecticut Governing Laws
Read the full text of these laws at Cornell Law School's Connecticut legal resources or your state legislature's official website.
Questions & Answers
Connecticut Service Agreement — Frequently Asked Questions
Can parties override the 12% interest cap?
In most consumer and standard service transactions, no.