BRAUCHER, J.
We are asked to determine what statute of limitations governs liability under G.L.c. 140C, § 10 (b), as amended by St. 1972, c. 229, § 9, the Truth-in-Lending Act. We hold that an action to enforce that liability, though denominated an action of contract, is an action for a penalty under a penal statute and is subject to G.L.c. 260, § 5, requiring that the action be commenced within one year after the offense is committed. A judge of the...
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