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 probably be more in the right period of this book. Each one of these urban centers – with the exception of Balcones Heights – have now been sued because of the credit access company industry, because of the industry claiming that the metropolitan areas are preempted from managing credit access organizations considering that the legislature provided work of credit rating Commissioner (OCCC ) some authority to modify last year. (Balcones Heights has suspended enforcement of its ordinance pending the end result associated with the San Antonio lawsuit.)


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