Bill Text | History of Actions | Background | Title |
Description: Legal interest rate (usury) statute; delete repealer on certain provision.
Bill Text: [Introduced]
| 1 | 01/11 (S) Referred To Business and Financial Institutions | |
| 2 | 01/30 (S) Died In Committee |
| Effective date | July 1, 2001 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
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.
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2001/html/History/SB/SB2400.htm