Bill Title: As enacted, removes the commissioner of financial institutions' authority to use a multi-state automated licensing system as an agent for channeling information pursuant to the Flexible Credit Act; requires a flex loan licensee to consent to a criminal history records check and to provide fingerprints to the commissioner of financial institutions when the licensee is applying to renew the license, if so requested by the commissioner. - Amends TCA Title 45, Chapter 12.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Passed) 2015-05-26 - Pub. Ch. 438 [SB0093 Detail]

Text: Latest bill text (Draft #1) [PDF]

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