5312 AMS NELS MEND 223

                

SB 5312 - S AMD 22

By Senator Nelson

OUT OF ORDER 02/20/2013

    On page 6, line 9, after "of" strike "two thousand" and insert "five hundred"

 

          

 

 

 

 

    EFFECT: The maximum amount of a small consumer installment loan is $500, provided that the total of all scheduled payments to a licensee do not exceed 20% of a borrower's gross monthly income.

 

 

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