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H0227 | by STATE AFFAIRS COMMITTEE |
PAYDAY LOANS – Amends existing law to provide that a payday loan made in this state in violation of the licensing requirement of the Department of Finance is void, uncollectible and unenforceable, to provide that for any such payday loan the debtor is not obligated to pay the principal or any fee associated with such payday loan, to provide procedures and to provide for cease and desist actions by the Director of the Department of Finance; and to revise payday loan procedures. |
03/10 | Introduced, read first time, referred to JRA for Printing | ||
03/11 | Reported Printed and Referred to Business |