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2016 SESSION
SB 165 Open-end credit agreements; sellers of certain goods to extend credit.
Introduced by: Scott A. Surovell | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Open-end credit agreements. Allows only sellers of goods to be used for personal, family, or household purposes to extend credit under an open-end credit agreement. Such extensions of credit may be made only to the purchaser of the goods for the sole purpose of financing the bona fide purchase price of such goods.
FULL TEXT
HISTORY
- 12/30/15 Senate: Prefiled and ordered printed; offered 01/13/16 16100865D
- 12/30/15 Senate: Referred to Committee on Commerce and Labor
- 01/25/16 Senate: Failed to report (defeated) in Commerce and Labor (4-Y 9-N 1-A)