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Senate Bill 0571

Senate Bill 0571

ARCHIVE (2009)

Latest Information

DIGEST OF SB571 (Updated February 23, 2009 8:40 pm - DI 84)

Various financial institution matters. Makes various changes to the laws concerning: (1) financial institutions; (2) debt management companies; (3) pawnbrokers; (4) money transmitters; (5) check cashers; (6) persons licensed under the Uniform Consumer Credit Code; (7) rental purchase agreements; and (8) first lien mortgage lenders. Repeals provisions being superseded by this bill. Repeal provisions concerning: (1) requiring the display of a license by a debt management company; (2) court and personal jurisdiction; and (3) no right to trial by jury.
    Current Status:
    In Committee - 2nd House
    Latest Printing (PDF)