Louisiana 2021 2021 Regular Session

Louisiana Senate Bill SB67 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 40 (SB 67) 2021 Regular Session	Ward
Prior law provided that a motor vehicle seller, who also may be an extender of credit, may
charge a fee for credit investigation, compliance with federal or state law, preparation of
documents, and any other functions incidental to the titling of the retail sale. Further
provided that the maximum permitted amount is $200.
New law changes the maximum fee permitted to be charged pursuant from $200 to $425.
Effective August 1, 2021.
(Amends R.S. 6:969.18(A)(2)(a))