Rule Detail: deposit-return / MA
- This rule expired on 2026-01-01.
- This rule may be outdated. Last updated Jan 2025.
Metadata
- Effective Year
- —
- Last Updated
- 2025-01-01
- Expires On
- —
- Version
- 2025.01
- Effective Date
- 2025-01-01
- Supersedes
- —
- Source Changed
- Not checked
Data
| Key | Value |
|---|---|
| returnDeadline | 30 |
| interestRequired | true |
| interestRate | 0.05 |
| penalties | [ "3x damages for wrongful withholding plus attorney fees and costs" ] |
| allowableDeductions | [ "Unpaid rent", "Damage beyond normal wear and tear" ] |
Citations
No source URL available for this rule.
Mass. Gen. Laws ch. 186, § 15B
HighUpdated: 2025-01-01Confidence: 80%
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{
"data": {
"returnDeadline": 30,
"interestRequired": true,
"interestRate": 0.05,
"penalties": [
"3x damages for wrongful withholding plus attorney fees and costs"
],
"allowableDeductions": [
"Unpaid rent",
"Damage beyond normal wear and tear"
]
},
"citations": [
{
"statute": "Mass. Gen. Laws ch. 186, § 15B",
"url": "",
"excerpt": "",
"sourceType": "statute",
"lastUpdated": "2025-01-01",
"confidence": 0.8
}
],
"version": {
"version": "2025.01",
"effectiveDate": "2025-01-01",
"supersedes": null,
"notes": [
"Interest must be paid annually or at termination, whichever comes first.",
"Rate is 5% per year or bank savings rate, whichever is lower."
]
}
}