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2006 SESSION

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HB 626 Payday loans; increases minimum term.

Introduced by: Joseph P. Johnson, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Payday loans; term.  Increases the minimum term of a payday loan from seven to 60 days.  Provisions requiring the posting of fees for sample loans are amended to reflect the extended minimum term.


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