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Senate Bill 0261

Senate Bill 0261

ARCHIVE (2001)

Latest Information

DIGEST OF SB261 (Updated April 12, 2001 5:53 PM - DI 84)

Determination of total finance charge. States that a lender may include any amount prepaid within 60 days of the date of the prepayment in full in the calculation of a contracted penalty for the full prepayment of the loan. Specifies certain fees that are not included in the total finance charge.
    Current Status:
    Law Enacted
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