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SB58 Alabama 2020 Session

Updated Feb 12, 2020
SB58 Alabama 2020 Session
Senate Bill
Expired
Current Status
Regular Session 2020
Session
1
Sponsor

Summary

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