SB399 Alabama 2016 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2016
Title
Lenders, requiring photo identification of applicant for loan offered over the Internet
Description
<p class="bill_description"> This bill would provide that lenders
regulated by the Superintendent of the State
Banking Department must require a copy of a photo
identification card of the loan applicant to be
included with each loan application for a loan
offered over the Internet</p><p class="bill_description">
This bill would also authorize the
superintendent to promulgate rules</p><p class="bill_entitled_an_act"> Relating to loans offered on the Internet; to
provide that lenders regulated by the Superintendent of the
State Banking Department must require a copy of a photo
identification card of the loan applicant to be included with
each loan application for a loan offered over the Internet;
and to authorize the superintendent to promulgate rules.
</p>
Subjects
Loans
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 12, 2016 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB399 Alabama 2016 Session - Introduced |