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SB 246, 66th R.S.

Relating to the determination of the legal rate of interest and to the effect of early payment on certain loans; by adding a new Subsection thereto, relating to the amount of late penalties chargeable on certain loans that does not constitute interest; prescribing the extent of applicability of this Act; and declaring an emergency.

Last action: Scheduled for future calendar placement

Author: Ray Farabee
Sponsor: Bob McFarland

Companion:

HB 615 (Identical)

Subjects:
Financial--General
LOANS

House Committee: Financial Institutions ()
Minutes: April 10 1979
Senate Committee: Economic Development ()
Minutes: March 19 1979

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