2004 Regular Session

SENATE BILL 239

File Code: Commercial Law - Credit Regulation Crossfiled with: HOUSE BILL 364
Sponsored By:
Senator Astle
Entitled:
Credit Regulation - Consumer Loans - Collection of Attorney's Fees

Synopsis:

Authorizing a lender, on specified loans and under specified circumstances, to charge and collect from a borrower reasonable attorney's fees actually incurred in collecting the loan and not retained by the lender or an assignee of the loan.

History by Legislative Date

Senate Action
1/29
First Reading Finance
2/25
Hearing 3/12 at 1:00 p.m.
3/3
Hearing cancelled
Hearing 3/17 at 1:00 p.m.
3/26
Unfavorable Report by Finance
House Action
No Action
Bill indexed under the following Subjects:
ATTORNEYS
DEBT COLLECTION -see also- ATTACHMENTS AND GARNISHMENTS
FEES -see also- DEVELOPMENT FEES AND TAXES
LOANS -see also- MORTGAGES
Bill affects the following Statute:
Commercial Law
( 12-307.1 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered