Example Ordinance

Example Ordinance

Example Ordinance Disclaimer

A handful of cities have adopted ordinances aimed at ending the cycle of debt and helping borrowers to be successful in paying back their loans in response to the state legislature’s failure to adopt any substantive statewide regulation of credit access businesses. As of the springtime of 2013, the populous towns that adopted ordinances were:

  • Austin
  • Balcones Heights
  • Dallas
  • Denton
  • El Paso
  • San Antonio

You can find apt to be more in the period with this book. Many of these urban centers – with the exception of Balcones Heights – have already been sued by the credit access company industry, using the industry claiming that the towns and cities are preempted from managing credit access companies because the legislature provided work of credit rating Commissioner (OCCC ) some authority to manage last year. (Balcones Heights has suspended enforcement of its ordinance pending the results of this San Antonio lawsuit.)

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