2021 Regular Session ENROLLED
SENATE BILL NO. 67
BY SENATOR WARD
1 AN ACT
2 To amend and reenact R.S. 6:969.18(A)(2)(a), relative to the Louisiana Motor Vehicle Sales
3 Finance Act; to increase the maximum allowable documentation and compliance fee
4 authorized to be collected by a motor vehicle seller; and to provide for related
5 matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 6:969.18(A)(2)(a) is hereby amended and reenacted to read as
8 follows:
9 ยง969.18. Documentation and compliance fees; notary fees; transfer of equity and
10 other fees; disclosure
11 A.
12 * * *
13 (2)(a) The seller, who may also be an extender of credit, may, in connection
14 with any retail sale, including but not limited to a retail installment transaction,
15 charge a fee for credit investigation, compliance with federal and state law,
16 preparation of the documents necessary to perfect or satisfy a lien upon the objects
17 sold, and any other functions incidental to the titling of the retail sale. The maximum
ACT No. 40
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 67 ENROLLED
1 amount permitted to be charged shall be two hundred four hundred twenty-five
2 dollars.
3 * * *
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.