IN.gov - Skip Navigation

Note: This message is displayed if (1) your browser is not standards-compliant or (2) you have you disabled CSS. Read our Policies for more information.

Indiana General Assembly
  •  
Senate Bill 0383


 

Search all legislative material from the 2006 Session.
General Assembly Home Page

Session Information

Complete Bill Listing

Get Acrobat Reader
You will need to download and install Acrobat Reader to view PDF documents.

  

Senate Bill 0383

ARCHIVE (2006)

Latest Information

 
DIGEST OF SB 383 (Updated January 31, 2006 5:18 pm - DI 103)

Motor vehicle title loans. Provides that certain lenders may make loans for which the collateral is title to a motor vehicle. Provides that the interest rate for a motor vehicle title loan may not exceed 22%. Requires a motor vehicle title lender to provide certain warnings to borrowers. Sets forth procedures for: (1) repossessing a motor vehicle if a borrower defaults on a motor vehicle title loan; and (2) redeeming the title to a repossessed motor vehicle. Prohibits certain actions by motor vehicle title lenders and imposes penalties for violations.
    Current Status:
     Failed first House
    >Latest Printing > (PDF)