The purpose of this act is to prohibit predatory lending practices in this state while preserving access to credit in the subprime market.
R.I. Gen. Laws § 34-25.2-3
Purpose
Known as the Rhode Island Home Loan Protection Act
The act spans §§ 34–34 (15 sections).
P.L. 2006, ch. 569, § 1; P.L. 2006, ch. 573, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.