SB 990: Motor Vehicle Title Loans
GENERAL BILL by Bennett
Motor Vehicle Title Loans; Provides a directive to the Division of Statutory Revision. Repeals provision relating to a short title. Preempts the regulation of motor vehicle title loans to the state. Provides that title loans are secured by a nonpurchase money security interest in a motor vehicle. Prohibits a title loan lender from also providing deferred presentment transactions. Revises the information that must be in a title loan agreement, etc.
Last Action: 5/7/2011 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
- Banking and Insurance (BI)
- Community Affairs (CA)
- Budget (BC)
• Referred to Banking and Insurance; Community Affairs; Budget -SJ 76
• Introduced -SJ 76
• Indefinitely postponed and withdrawn from consideration
• Died in Banking and Insurance
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