Rhode Island General Laws 34-25.2-3. Purpose
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The purpose of this act is to prohibit predatory lending practices in this state while preserving access to credit in the subprime market.
History of Section.
P.L. 2006, ch. 569, § 1; P.L. 2006, ch. 573, § 1.
Terms Used In Rhode Island General Laws 34-25.2-3
- Predatory lending: means any act and practice which is found in violation of those acts and practices prohibited by § 34-25. See Rhode Island General Laws 34-25.2-4