Greg Walker
- Republican
- Senator
- District 41
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.
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Senator Grooms added as second author
Senator Alting added as coauthor
Senator Breaux added as coauthor
Senators Kruse and Melton added as coauthors
Senator Ford J.D. added as coauthor
First reading: referred to Committee on Insurance and Financial Institutions
Authored by Senator Walker G
Bill Text Versions | Format |
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Introduced Senate Bill (S) |
Document | Format |
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Fiscal Note: SB0184.01.INTR.FN001 |
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