Mississippi Legislature
2001 Regular Session

Senate Bill 2400

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Bill Text

History of Actions

Background

Title

Description: Legal interest rate (usury) statute; delete repealer on certain provision.

Bill Text: [Introduced]

History of Actions:

1 01/11 (S) Referred To Business and Financial Institutions
2 01/30 (S) Died In Committee

Background Information:

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

Senate Committee:

Principal Author: Mettetal

Code Section: A 075-0017-0001

Title: AN ACT TO AMEND SECTION 75-17-1, MISSISSIPPI CODE OF 1972, TO DELETE THE REPEALER ON THE PROVISION OF LAW THAT ALLOWS ANY BORROWER OR DEBTOR AND ANY LENDER TO CONTRACT FOR ANY FINANCE CHARGE AGREED TO IN WRITING IN EXCESS OF THAT OTHERWISE ALLOWED ON CERTAIN CONTRACTS OR OBLIGATIONS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 01/30/01 at 01:02.

End Of Document
2001/pdf/History/SB/SB2400.htm