Bill Title: As introduced, requires any person who makes a title pledge loan without a license and who does not return collateral and any money paid by borrower to pay interest to borrower at 10 percent per annum of amount owed. - Amends TCA Section 45-15-101; Section 45-15-102; Section 45-15-103; Section 45-15-104; Section 45-15-105; Section 45-15-106; Section 45-15-107; Section 45-15-108; Section 45-15-109 and Section 45-15-110.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2009-03-02 - P2C, ref. to S. C,L&A Comm. [SB2226 Detail]

Text: Latest bill text (Draft #1) [PDF]

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