No person shall engage in the business of being a consumer loan broker before posting the bond and obtaining the license as required by this chapter. Any person violating this section is guilty of a misdemeanor and, upon conviction thereof, shall be punished by a fine of not more than One Thousand Dollars ($1,000.00) or by imprisonment in the county jail for not more than six (6) months, or by both such fine and imprisonment.
Miss. Code Ann. § 81-19-5
License requirement; penalty for violation
Known as the Consumer Loan Broker Act
The act spans §§ 81–81 (19 sections).
Laws, 1992, ch. 485, § 3, eff from and after July 1, 1992.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.