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CA SB979

Bill

Official Source

Status

Failed

11/30/2016

Primary Sponsor

Andy Vidak

Click for details

Origin

Senate

2015-2016 Session

AI Summary

  • Amends Section 22202 of the Financial Code to clarify definitions of charges that are excluded from the California Finance Lenders Law's regulatory scope
  • Makes nonsubstantive technical edits including replacing "specified" with "set forth," "which" with "that," and "agreement" with "agreement,"
  • Corrects grammatical language throughout provisions governing fees for open-end credit programs, repossession services, and seller participation in lending programs
  • Does not change substantive law or create new requirements for finance lenders and the Commissioner of Business Oversight

Legislative Description

California Finance Lenders Law.

Last Action

From committee without further action.

11/30/2016

Committee Referrals

Rules2/10/2016

Full Bill Text

No bill text available