Bill Text | History of Actions | Background | Title |
Description: Loans; define "other charges" and provide exclusive remedies for contracting/receiving unlawful other charges.
Bill Text: [Introduced]
| 1 | 01/20 (H) Referred To Banks and Banking;Judiciary A | |
| 2 | 01/28 (H) DR - TSDPCS: BB To JA | |
| 3 | 02/04 (H) Died In Committee |
| Effective date | July 1, 2003 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committees:
Principal Author: Guice
Code Sections: A 075-0067-0103, A 075-0067-0119, A 075-0017-0025
Title: AN ACT TO AMEND SECTION 75-67-103, MISSISSIPPI CODE OF 1972, TO REVISE DEFINITIONS UNDER THE SMALL LOAN REGULATORY LAW TO INCLUDE DEFINITIONS FOR THE TERMS "OTHER CHARGES," "CONSUMER CREDIT" AND "CONSUMER"; TO AMEND SECTIONS 75-67-119 AND 75-17-25, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR REMEDIES, PENALTIES AND DAMAGES FOR CONTRACTING FOR AND RECEIVING OTHER CHARGES IN CONNECTION WITH CONSUMER CREDIT THAT ARE UNLAWFUL FOR REASONS OTHER THAN ACTUAL FRAUD; TO PROVIDE THAT THE REMEDIES, PENALTIES AND DAMAGES PROVIDED FOR UNDER THIS ACT ARE EXCLUSIVE EXCEPT IN CASES OF ACTUAL FRAUD; AND FOR RELATED PURPOSES.
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2003/html/History/HB/HB1449.htm