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2018 SESSION

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HB 404 Open-end credit plans; prohibits a creditor from extending credit at an annual rate exceeding 36%.

Introduced by: Mark H. Levine | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Open-end credit plans. Prohibits a creditor from extending credit under an open-end credit plan at an annual rate that exceeds 36 percent unless the credit is extended by the seller of personal, family, or household goods for the sole purpose of financing the purchase price.


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