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SB 258: Motor Vehicle Title Loans

GENERAL BILL by Williams ; (CO-INTRODUCERS) Latvala ; Cowin ; Horne

Motor Vehicle Title Loans; provides limitations on vehicle title loan transactions; provides for licensure of dealers making title loan transactions; provides for regulation by Banking & Finance Dept.; provides guidelines for operation of title loan businesses; provides grounds for discipline of licensees; provides for examination of certain records; exempts certain secondhand dealers from registering with DOR, etc. Amends 538.06,.09; creates 538.065,.067,.069.

Effective Date: Upon becoming law
Last Action: 5/1/1998 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
10/24/1997 Senate • Prefiled
11/19/1997 Senate • Referred to Criminal Justice; Banking and Insurance; Ways and Means
3/3/1998 Senate • Introduced, referred to Criminal Justice; Banking and Insurance; Ways and Means -SJ 00022
3/18/1998 Senate • On Committee agenda-- Criminal Justice, 03/23/98, 3:00 pm, Room-A(LL-37) --Temporarily postponed
3/26/1998 Senate • On Committee agenda-- Criminal Justice, 03/31/98, 1:30 pm, Room-A(LL-37)
3/31/1998 Senate • Comm. Action: Favorable by Criminal Justice -SJ 00374
4/2/1998 Senate • Now in Banking and Insurance -SJ 00374
5/1/1998 Senate • Died in Committee on Banking and Insurance