History of Actions | Background | Title |
Description: Check Cashing Act; clarify maximum fee allowed for delayed deposit check.
| 1 | 01/05/99 | (S) | Referred To Business and Financial Institutions | |
| 2 | 02/02/99 | (S) | Died In Committee |
| Effective date | July 1, 1999 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
Senate Committee:
Principal Author: White (5th)
Code Section: A 075-0067-0519
Title: AN ACT TO AMEND SECTION 75-67-519, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT A CHECK CASHING LICENSEE SHALL NOT CHARGE ANY FEE OR OTHER CONSIDERATION FOR CASHING A DELAYED DEPOSIT CHECK IN EXCESS OF 18% OF THE AMOUNT ADVANCED TO THE CUSTOMER; AND FOR RELATED PURPOSES.
End Of Document
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