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AR SB259

Bill

Status

Passed

3/28/2011

Primary Sponsor

Sue Madison

Click for details

Origin

Senate

88th General Assembly (2011 Regular)

AI Summary

  • 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)

  • 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

  • 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

Committee Referrals

Insurance and Commerce3/16/2011
Insurance & Commerce2/7/2011

Full Bill Text

No bill text available