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
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
This bill would also authorize the superintendent to promulgate rules
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.
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 |