My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
1999-27
CBCC
>
Ordinances
>
1990'S
>
1999
>
1999-27
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/26/2019 10:39:39 AM
Creation date
9/30/2015 3:51:53 PM
Metadata
Fields
Template:
Ordinances
Ordinance Number
1999-27
Adopted Date
09/28/1999
Ordinance Type
Title Loans
State Filed Date
10\04\1999
Entity Name
Motor Vehicle Title Loans
Subject
Title Loan Ordinance
Codified or Exempt
Codified
Archived Roll/Disk#
2744
Supplemental fields
SmeadsoftID
951
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
23
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
t <br />title or motor vehicle repossessed pursuant to this Ordinance. <br />(o) Failing to return a certificate of title or repossessed motor vehicle to a <br />borrower, with any and all of the title lender's liens on the property properly released, within <br />thirty (30) days of the payment of the full amount due, unless the property has been seized or <br />impounded by an authorized law enforcement agency, taken into custody by a court, or <br />otherwise disposed of by court order. <br />(p) Charging or receiving any finance charge, interest, cost, or fee which is <br />not permitted by this Ordinance. <br />(c) Engaging in business as a title loan lender without a current, active <br />license <br />issued by the Department issued pursuant <br />to this Ordinance. <br />(n) Failing <br />to <br />exercise reasonable <br />care in the safekeeping of <br />a certificate <br />of <br />title or motor vehicle repossessed pursuant to this Ordinance. <br />(o) Failing to return a certificate of title or repossessed motor vehicle to a <br />borrower, with any and all of the title lender's liens on the property properly released, within <br />thirty (30) days of the payment of the full amount due, unless the property has been seized or <br />impounded by an authorized law enforcement agency, taken into custody by a court, or <br />otherwise disposed of by court order. <br />(p) Charging or receiving any finance charge, interest, cost, or fee which is <br />not permitted by this Ordinance. <br />(c) Engaging in business as a title loan lender without a current, active <br />(r) Refusing to accept partial repayment of the amount financed when all <br />accrued finance charges have been paid. <br />(s) Charging a prepayment penalty. <br />(t) Capitalizing any unpaid finance charge as part of the amount financed in <br />the renewal of a title loan agreement. <br />(u) Failing to account for and remit to the borrower all surplus proceeds <br />from the disposal of the borrower's motor vehicle, within fifteen (15) days of disposal. <br />(v) Advertising to engage in title loan transactions without a current, valid <br />license <br />issued by the Department issued pursuant <br />to this Ordinance. <br />pursuant to this Ordinance. <br />(r) Refusing to accept partial repayment of the amount financed when all <br />accrued finance charges have been paid. <br />(s) Charging a prepayment penalty. <br />(t) Capitalizing any unpaid finance charge as part of the amount financed in <br />the renewal of a title loan agreement. <br />(u) Failing to account for and remit to the borrower all surplus proceeds <br />from the disposal of the borrower's motor vehicle, within fifteen (15) days of disposal. <br />(v) Advertising to engage in title loan transactions without a current, valid <br />SECTION 10, ENFORCEMENT AND PENALTIES. <br />license <br />issued by the Department <br />pursuant to this Ordinance. <br />SECTION 10, ENFORCEMENT AND PENALTIES. <br />
The URL can be used to link to this page
Your browser does not support the video tag.