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2003 SESSION

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HB 2579 Exceptions to legal rate of interest; exercising stock options.

Introduced by: Ward L. Armstrong | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Exceptions to legal rate of interest; exercising stock options. Excludes loans that fund the exercise of stock options from the general prohibition on contracts that require the payment of interest at rates exceeding 12 percent annually.


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