Bill Text | History of Actions | Background | Title |
Description: Bad check fee; revise amount lender may charge for payment of loan with bad check.
Bill Text: [Introduced]
| 1 | 01/15 (S) Referred To Business and Financial Institutions | |
| 2 | 01/30 (S) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
Senate Committee:
Principal Author: Mettetal
Code Sections: A 097-0019-0081, RP 075-0067-0122
Title: AN ACT TO AMEND SECTION 97-19-81, MISSISSIPPI CODE OF 1972, TO REVISE THE AMOUNT OF THE FEE OR SERVICE CHARGE THAT LENDERS MAY ADD TO THE UNPAID BALANCE OF A LOAN WHEN A BORROWER PAYS ALL OR PART OF THE LOAN BY INSUFFICIENT FUNDS CHECK; TO REPEAL SECTION 75-67-122, MISSISSIPPI CODE OF 1972, WHICH AUTHORIZES SMALL LOAN LICENSEES TO CHARGE AND COLLECT A BAD CHECK CHARGE; AND FOR RELATED PURPOSES.
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2001/html/History/SB/SB2758.htm