SB58 Alabama 2020 Session
Updated Feb 12, 2020
Summary
- Primary Sponsor
Arthur OrrSenatorRepublican- Session
- Regular Session 2020
- Title
- Deferred presentment transactions, term set at 30 days, Sec. 5-18A-13 amd.
- Description
Under existing law, the term of a deferred presentment transaction is between 10 and 31 calendar days.
This bill would require the term of a deferred presentment transaction to be a minimum of 30 calendar days.
- Subjects
- Deferred Presentment Transactions
Bill Actions
S
Read for the first time and referred to the Senate committee on Banking and Insurance
Bill Text
Documents
Source: Alabama Legislature