WV HB3061 | 2019 | Regular Session


Spectrum: Bipartisan Bill
Status: Introduced on February 12 2019 - 25% progression
Action: 2019-02-12 - To House Banking and Insurance
Pending: House Banking & Insurance Committee
Text: Latest bill text (Introduced) [HTML]


The purpose of this bill is to adjust limits on consumer loans in West Virginia for which certain finance charges may be imposed and clarify that a person must first obtain a license from the Division of Financial Institutions before engaging in the business of consumer loans.

Tracking Information

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Relating to requirements for making consumer loans in West Virginia



2019-02-12HouseTo House Banking and Insurance
2019-02-12HouseIntroduced in House
2019-02-12HouseTo Banking and Insurance then Judiciary
2019-02-12HouseFiled for introduction


Code Citations

ChapterArticleSectionCitation TypeStatute Text
46A4101Amended CodeCitation Text
46A4107Amended CodeCitation Text

West Virginia State Sources

Bill Comments