Mississippi Legislature
2001 Regular Session

House Bill 44

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Bill Text

History of Actions

Background

Title

Description: Title pledge lenders and check cashers; require statement of APR on 30-day loan in all advertisements.

Bill Text: [Introduced]

History of Actions:

1 01/02 (H) Referred To Banks and Banking
2 01/30 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2001
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

House Committee:

Principal Author: Mayo

Title: AN ACT TO CREATE NEW SECTION 75-67-414, MISSISSIPPI CODE OF 1972, TO REQUIRE TITLE PLEDGE LENDERS TO INCLUDE IN ALL ADVERTISEMENTS A STATEMENT OF THE ANNUAL PERCENTAGE RATE FOR THE MAXIMUM AUTHORIZED RATE OF THE TITLE PLEDGE SERVICE CHARGE ON A THIRTY-DAY LOAN; TO CREATE NEW SECTION 75-67-520, MISSISSIPPI CODE OF 1972, TO REQUIRE CHECK CASHERS TO INCLUDE IN ALL ADVERTISEMENTS A STATEMENT OF THE ANNUAL PERCENTAGE RATE FOR THE MAXIMUM AUTHORIZED RATE OF THE CHECK CASHING FEE ON A THIRTY-DAY DELAYED DEPOSIT CHECK; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 01/30/01 at 18:18.

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