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AR SB259
Bill
Status
3/28/2011
Primary Sponsor
Sue Madison
Click for details
AI Summary
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Corrects a cross-reference error in Arkansas Code § 23-39-513 by changing citation from § 23-39-502(9)(B)(vii)(vi) to § 23-39-502(9)(B)(vii)
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Repeals the Check-cashers Act (§ 23-52-101 et seq.) in its entirety, which was declared unconstitutional by the Arkansas Supreme Court in McGhee v. Ark. State Bd. of Collection Agencies (2008) because it authorized loans with usurious interest rates
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Preserves all acts passed by the Eighty-Eighth General Assembly's regular session with full force and effect, with those acts superseding conflicting provisions in this bill
Legislative Description
To Make Various Corrections To Title 23 Of The Arkansas Code Of 1987 Concerning Public Utilities And Regulated Industries.
Last Action
Senate Notification that SB259 is now Act 720
3/28/2011