Topic
Rate Exportation
6 published works
Consumer Finance Monitor
DIDMCA’s Section 525 Opt-Out: Congress Allowed States to Reimpose Usury Limits on Their Own Banks, Not on Out-of-State Lenders
By Alan S. Kaplinsky, Ronald K. Vaske
The purpose of this blog is to respond to questions we have received as to why a state like Colorado would ever use Section 525 of DIDMCA to opt out…
Consumer Finance Monitor
Colorado rate exportation litigation: Motion to dismiss complaint claims there is no claim there
By Mindy Harris, Alan S. Kaplinsky
Last month, just a few days before the preliminary injunction hearing, Colorado’s attorney general filed a Motion to Dismiss the Complaint filed in federal district court in Colorado by three…
Consumer Finance Monitor
Plaintiffs file reply in support of motion for preliminary injunction in Colorado rate exportation litigation
By Ronald K. Vaske, John L. Culhane, Jr., Joseph J. Schuster, Alan S. Kaplinsky
The industry group plaintiffs in NAIB et al. v. Weiser et al., the lawsuit challenging Colorado’s opt-out legislation, have filed their reply to the brief filed by the Colorado Attorney…
Consumer Finance Monitor
Opt-out challenge case assigned to Colorado federal Judge Daniel D. Domenico
As we previously reported, on March 25, 2024, three consumer financial services industry trade groups filed a lawsuit in federal district court in Colorado challenging legislation recently adopted to opt…
Consumer Finance and Fintech Blog
Washington D.C. Introduced Rate Exportation Opt-Out and “Anti-Evasion” Bill
By A.J. Dhaliwal, Moorari Shah
On November 30, Washington D.C. introduced District of Columbia Council Bill B 25-0609, which would opt the state out of Section 521 of the Depository Institutions Deregulation and Monetary Control…
Consumer Finance Monitor
Rate Exportation Opt-Out and “Anti-Evasion” Bill Introduced in Washington D.C.
By Mindy Harris, Alan S. Kaplinsky, John L. Culhane, Jr., Ronald K. Vaske
District of Columbia Council Bill B 25-0609, which would opt out of Section 27 of the Federal Deposit Insurance Act (“FDIA”) with respect to loans made in the District of…