RI · SERVICE-AGMT · Updated July 2026 · Free
Rhode Island Service Agreement PDF
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Rhode Island at a glance: Default Interest: 12% per year (R.I. Gen. Laws § 6-26-1) · Governing Law: Rhode Island General Laws Title 6
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Overview
Service Agreements in Rhode Island
Rhode Island service agreements are governed by Title 6 of the Rhode Island General Laws. Late fees must comply with the 12% statutory cap unless written (R.I. Gen. Laws § 6-26-1).
Key Facts
Rhode Island Service Agreement — Quick Reference
| Requirement | Rhode Island Rule |
|---|---|
| Default Interest | 12% per year (R.I. Gen. Laws § 6-26-1) |
| Governing Law | Rhode Island General Laws Title 6 |
Legal Requirements
Rhode Island Legal Requirements
- Late fees exceeding 12% per year must be in writing to be enforceable.
Governing Laws
Rhode Island Governing Laws
Read the full text of these laws at Cornell Law School's Rhode Island legal resources or your state legislature's official website.
Questions & Answers
Rhode Island Service Agreement — Frequently Asked Questions
What is the default contract interest rate in Rhode Island?
The default rate is 12% per annum.