SB 26

  • Indiana Senate Bill
  • 2020 Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Small loan finance charges.

Abstract

Changes the current incremental finance charge limits that apply to a small loan to a maximum annual rate. Prohibits making, or taking other actions with respect to, a small loan with a greater rate or amount of interest, or other fees and charges, than allowed under the statute governing small loans. Prohibits a credit services organization from providing certain functions with respect to a small loan and makes a violation a deceptive act.

Bill Sponsors (5)

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Jan 21, 2020

Senate

Senator Bohacek added as second author

Senate

Senator Lanane added as coauthor

Jan 14, 2020

Senate

Senators Ford J.D. and Kruse added as coauthors

Jan 06, 2020

Senate

Authored by Senator Walker

Senate

First reading: referred to Committee on Insurance and Financial Institutions

  • Reading-1
  • Referral-Committee
insurance and financial institutions

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0026.01.INTR.FN001 PDF

Sources

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