House Bill 2150 (2 of 2), 2003

An Act reducing or eliminating the most serious problems associated with short-term loans; creating an avenue for emergency short-term loans by incorporating significant consumer protections; preventing the use or threat to use the criminal courts to collect short-term loans; and providing for licensure of short-term lenders and short-term brokers by the Department of Banking, for examination and regulation of the short-term loan industry by the Department of Banking and for penalties.