Consumer Loan Broker Act

Sections covered

• Miss. Code Ann. § 81-19-1Short title1 cite
• Miss. Code Ann. § 81-19-11Investigation of applicant; issuance or denial of license; time limit for acting on applications
• Miss. Code Ann. § 81-19-13Separate licenses required for each location; movement of licensed location; surrender of license
• Miss. Code Ann. § 81-19-15Renewal of license; penalty for failure to pay fee
• Miss. Code Ann. § 81-19-17Supervision of licensees by commissioner; regulations; examination of licensees’ records, etc.; administrative fines; injunctions against licensees violating chapter; administrative fine
• Miss. Code Ann. § 81-19-18Commissioner authorized to examine persons suspected of conducting business requiring a license
• Miss. Code Ann. § 81-19-19Deposit of funds collected into Consumer Finance Fund1 cite
• Miss. Code Ann. § 81-19-21Contracts to be written; enumeration of charges
• Miss. Code Ann. § 81-19-23Activities prohibited; violation; penalties; borrower’s remedies1 cite
• Miss. Code Ann. § 81-19-25Records of licensee; retention
• Miss. Code Ann. § 81-19-27Separate account required for charges and fees collected by broker; authorization to withdraw from account
• Miss. Code Ann. § 81-19-29Suspension or revocation of license; grounds; commissioner may to enter orders to require persons to refrain from violations
• Miss. Code Ann. § 81-19-3Definitions
• Miss. Code Ann. § 81-19-31Service charge not to be construed as finance charge or interest
• Miss. Code Ann. § 81-19-33Effect of failure to comply with chapter on underlying transaction
• Miss. Code Ann. § 81-19-35Right to hearing upon denial or revocation of license; notice; appeal; review
• Miss. Code Ann. § 81-19-5License requirement; penalty for violation
• Miss. Code Ann. § 81-19-7Exclusions from chapter coverage
• Miss. Code Ann. § 81-19-9License application; fee; surety requirement