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2018 SESSION

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SB 42 Banks; loan applicant verification.

Introduced by: Barbara A. Favola | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Banks; loan applicant verification. Requires banks that receive a loan application form that names an existing customer as the applicant to contact the customer and verify that the customer has applied for the loan. The duty applies when the loan application form is included in loan solicitation materials sent by or on behalf of a bank to its existing customers.


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