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]
| 1 | 01/02 (H) Referred To Banks and Banking | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | July 1, 2001 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
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.
End Of Document
2001/html/History/HB/HB0044.htm