Challenge to 1999 Arkansas Check Cashers Act headed up -- UPDATE
October 31, 2008 Update: The statute is back in front of the Arkansas Supreme Court for the third time. Here are articles from yesterday's oral arguments:
Arkansas Democrat-Gazette
Arkansas News Bureau
Orginial post: Pulaski County Circuit Judge Barry Sims ruled this morning that the state law allowing "payday loan" fees that exceed the state's interest limits is constitutional. Arkadelphia lawyer Todd Turner, who's pursued this matter for as long as I've known him, will take the ruling up to the Arkansas Supreme Court. This won't be the first time this case has been before the state's high court, but Turner believes that all previous impediments to an appeal directly on the Act's constitutionality have now been resolved, clearing the way for a ruling on the validity of the statute. Here's the Associated Press article.
Arkansas Democrat-Gazette
Arkansas News Bureau
Orginial post: Pulaski County Circuit Judge Barry Sims ruled this morning that the state law allowing "payday loan" fees that exceed the state's interest limits is constitutional. Arkadelphia lawyer Todd Turner, who's pursued this matter for as long as I've known him, will take the ruling up to the Arkansas Supreme Court. This won't be the first time this case has been before the state's high court, but Turner believes that all previous impediments to an appeal directly on the Act's constitutionality have now been resolved, clearing the way for a ruling on the validity of the statute. Here's the Associated Press article.
posted by Steve Harrelson @ 11/20/2007 11:33:00 AM | Permalink |
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