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Legislation


1998 Regular Session

HOUSE BILL 308

File Code: Commercial Law - Consumer Protection
Sponsored By:
Delegate Petzold
Entitled:
Consumer Protection - Unsolicited Loans

Synopsis:

Prohibiting a creditor from sending a check or other negotiable instrument to an individual if either is sent in connection with an offer to extend credit to the individual and the individual has not submitted an application for, or otherwise requested, the extension of credit; providing that an individual is not liable for the amount of a check or other negotiable instrument sent in violation of the Act unless the individual actually receives and negotiates the check or other negotiable instrument; and providing a penalty.

History by Legislative Date

House Action
1/29
First Reading Commerce and Government Matters
2/3
Re-assigned Economic Matters
2/4
Hearing 2/19 at 1:00 p.m.
2/19
Hearing cancelled
3/2
Withdrawn
Senate Action
No Action
Bill indexed under the following Subjects:
CHECKS
CONSUMER PROTECTION -see also- ADVTG.; LABELING; WARRANTIES.
CREDIT
LIABILITY -see also- GOOD SAMARITAN
LOANS
PENALTIES
SOLICITATION
Bill affects the following Statute:
Commercial Law
( 14-1315 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered
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