Louisiana Revised Statutes 9:3574.1 – Short title
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Terms Used In Louisiana Revised Statutes 9:3574.1
- Advance fee: means any consideration which is assessed or collected prior to the issuance of a written commitment to make a loan that is binding on the lender, provided that certain conditions precedent are satisfied. See Louisiana Revised Statutes 9:3574.2
This Part shall be known and may be cited as the “Louisiana Advance Fee Loan Law”.
Acts 1992, No. 346, §1, eff. June 17, 1992.