91st General Assembly
Summary of SB0842
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Senate Sponsors:

Short description: 
SHORT-TERM LENDER LICENSE                                                  

Synopsis of Bill as introduced:
        Amends the Consumer Installment Loan Act.  Requires a  lender  to      
   obtain  a  short-term  lender license from the Department of Financial      
   Institutions if the lender makes loans to natural persons for a term        
   of 60 days or less based upon a motor vehicle as collateral or based        
   upon receipt of a postdated check in an amount sufficient to repay          
   the loan. Requires notice of the application to be published.               
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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