SB75 Alabama 2019 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2019
Title
Deferred presentment transactions, term set at 30 days, Sec. 5-18A-13 amd.
Description
Under existing law, the term of a deferred presentment transaction is between 10 and 31 calendar days
This bill would require the term of a deferred presentment transaction to be a minimum of 30 calendar days
Relating to deferred presentment transactions; to amend Section 5-18A-13, Code of Alabama 1975; to require the term of a deferred presentment transaction to be a minimum of alendar days.
Subjects
Deferred Presentment Transactions
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 5, 2019 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB75 Alabama 2019 Session - Introduced |