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HB 3, 57th 3rd C.S.
Relating to amending certain Statutes defining and regulating the business of lending money at rates of interest exceeding ten percent per annum; to prohibit any person engaged in the business of making loans with cash advances of Eight Hundred Dollars ($800) or less from charging rates of interest exceeding ten per cent (10%) per annum unless such person is licensed; providing penalties; providing certain exemptions.

Author: Criss Cole

Subjects:
Financial--General
LOANS
SMALL LOAN ACT, TEXAS
State Agencies, Boards & Commissions--Newly Proposed


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