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2008 SESSION

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HB 915 Credit Counseling Act; removes two factors that SCC is required to use when setting fees.

Introduced by: Harry R. Purkey | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Credit Counseling Act; fees.  Removes two of the existing factors that the State Corporation Commission is required to use when setting the annual fee assessed on licensed credit counseling agencies. The factors being removed are the total assets held in trust by a licensee for Virginia consumers and the total revenues of a licensee from Virginia consumers.


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