Bill Text | History of Actions | Background | Title |
Description: Small loan companies; provide remedies and penalties for violations of statutory and common law.
Bill Text: [Introduced]
| 1 | 02/19 (S) Referred To Business and Financial Institutions | |
| 2 | 03/09 (S) Died In Committee |
| Effective date | July 1, 2004 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
Senate Committee:
Principal Author: Robertson
Code Sections: A 075-0067-0137, A 075-0067-0127, RP 075-0067-0119
Title: AN ACT TO AMEND SECTION 75-67-137, MISSISSIPPI CODE OF 1972, TO PROVIDE REMEDIES AND PENALTIES FOR VIOLATIONS OF THE SMALL LOAN REGULATORY LAW AND VIOLATIONS OF COMMON-LAW DUTIES OF SMALL LOAN LICENSEES; TO PROVIDE THAT THE REMEDIES AND PENALTIES PROVIDED UNDER THIS ACT ARE EXCLUSIVE; TO AMEND SECTION 75-67-127, MISSISSIPPI CODE OF 1972, TO DELETE THE PROVISION WHICH PROVIDES PENALTIES FOR VIOLATING CERTAIN REQUIREMENTS FOR THE MAKING AND PAYMENT OF SMALL LOANS; TO REPEAL SECTION 75-67-119, MISSISSIPPI CODE OF 1972, WHICH PROVIDES CIVIL AND CRIMINAL PENALTIES FOR THE IMPOSITION OF EXCESSIVE FINANCE CHARGES UNDER THE SMALL LOAN REGULATORY LAW; AND FOR RELATED PURPOSES.
End Of Document
2004/html/History/SB/SB2688.htm