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2010 SESSION

• | print version

HB 1093 Open-end loans; secured by a nonpurchase money lien on a motor vehicle, report.

Introduced by: Mark D. Sickles | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Open-end motor vehicle credit agreements; reporting requirements.  Requires unlicensed lenders making revolving loans secured by a nonpurchase money lien on a motor vehicle, as a condition to making such loans, to provide the State Corporation Commission with information annually commencing March 1, 2011, regarding the lenders and such loans. The Commission is required to prepare reports summarizing the information and to submit the reports annually to the Governor and the General Assembly.

FULL TEXT

• 01/13/10  House: Prefiled and ordered printed; offered 01/13/10 10101733D  pdf | impact statement

HISTORY

• 01/13/10  House: Prefiled and ordered printed; offered 01/13/10 10101733D
• 01/13/10  House: Referred to Committee on Commerce and Labor
• 02/16/10  House: Left in Commerce and Labor