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OK SB1082

Bill

Status

Passed

4/23/2012

Primary Sponsor

Joe Dorman

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • All information in the deferred deposit lender (payday loan) database is classified as confidential under this amendment to the Deferred Deposit Lending Act

  • Database information is exempt from disclosure under the Oklahoma Open Records Act and Section 3104 of Title 59 of the Oklahoma Statutes

  • Deferred deposit lenders may access the database only to verify whether a particular person has any outstanding deferred deposit transactions

  • The Oklahoma Department of Consumer Credit may access the database for regulatory purposes consistent with the Deferred Deposit Lending Act

  • Declared an emergency measure, taking effect immediately upon passage and approval

Legislative Description

Deferred Deposit Lending Act; making certain information confidential. Emergency.

Business and Labor

Last Action

Approved by Governor 04/23/2012

4/23/2012

Committee Referrals

Business and Commerce2/7/2012

Full Bill Text

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