Section 46. Rate of interest

Notwithstanding  any  general  or special
  statutes, local laws and ordinances to the contrary, no collateral  loan
  broker  shall  ask,  demand or receive any greater rate of interest than
  four per centum per month, or any fraction of  a  month,  and  a  notice
  containing  a  list  of such rates of interest as herein provided and in
  accordance with the act of congress entitled "Truth in Lending Act"  and
  the regulations thereunder, as such act and regulations may from time to
  time  be amended shall be conspicuously displayed within the premises of
  such collateral loan broker. A minimum interest  charge  of  twenty-five
  cents per month may be made on any loan.
    No collateral loan broker shall receive or be entitled to any interest
  or  charges  as  provided  by this article on any loan for any period of
  time exceeding fifteen months from the date of the making of such  loan,
  provided  however that where a loan is extended at the direct request of
  the pledgor, the collateral loan broker may receive and be  entitled  to
  any  interest  or  charges provided by this article on such loan for any
  period of time not to exceed  fifteen  months  from  the  date  of  such
  extension.