HLS 10RS-1304 ORIGINAL Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2010 HOUSE BILL NO. 368 BY REPRESENTATIVE ARNOLD CREDIT: Allows an extender of credit to charge fees and expenses in certain situations AN ACT1 To enact R.S. 6:969.18(A)(5), relative to fees or expenses charged by an extender of credit;2 to allow for fees and expenses incurred in connection with the financing of a3 manufactured home; and to provide for related matters.4 Be it enacted by the Legislature of Louisiana:5 Section 1. R.S. 6:969.18(A)(5) is hereby enacted to read as follows: 6 ยง969.18. Documentation and compliance fees; notary fees; transfer of equity and7 other fees; disclosure8 A.9 * * *10 (5) The extender of credit may charge for any fees and expenses incurred for11 flood determination and flood zone monitoring services in connection with the12 financing of a manufactured home.13 * * *14 HLS 10RS-1304 ORIGINAL HB NO. 368 Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] Arnold HB No. 368 Abstract: Allows an extender of credit to charge fees and expenses in certain situations when financing a manufactured home. Proposed law allows an extender of credit to charge for any fees and expenses incurred for flood determination and flood zone monitoring services in connection with the financing of a manufactured home. (Adds R.S. 6:969.18(A)(5))