A lender shall not make a covered loan with a payment schedule with regular periodic payments that causes the principal balance to increase.
D.C. Code § 26-1152.15
No negative amortization
May 7, 2002, D.C
Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.