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S1093 | by COMMERCE AND HUMAN RESOURCES COMMITTEE |
PAY DAY LOANS – Amends existing law to provide that a lender which is not a supervised financial organization may not deposit a consumer’s check, withdraw funds electronically from a consumer’s account or otherwise collect the principal of, interest on or any fees or charges for a loan subject to this part if at the time the lender makes the loan, the lender does not have a current and valid license to make loans in this state. |
02/13 | Introduced; read first time; referred to JR for Printing | ||
02/16 | Reported Printed; referred to Commerce & Human Resources |