AMENDMENT FOR PRINTED BILL
1090db
___________________ moved that HB 1090 be amended as follows:
On page 3 of the printed bill, delete line 17, and insert:
"
For purposes of § 54-4-44, fees contracted for or received that are "incident to the extension of
credit" in connection with a loan for the purchase of a motor vehicle do not include".
On page 3, line 19, delete everything after "." and insert:
"
Section 4. That chapter 54-4 be amended by adding a NEW SECTION to read:
For the purposes of § 54-4-44 for all loans, late fees, return check fees, and attorney's fees
incurred upon consumer default are not fees "incident to the extension of credit."".
On page 3, delete lines 20 and 21.