DBO Wins Landmark Ca Supreme Court Ruling in Significant Tribal Payday Lending Case

DBO Wins Landmark Ca Supreme Court Ruling in Significant Tribal Payday Lending Case

Court Bolsters Test to choose Whenever Private Organizations Entitled to Tribal Immunity

SACRAMENTO – The Ca Department of company Oversight (DBO) today won a situation Supreme Court choice in a landmark instance relating to the dilemma of private lenders that are payday make an effort to make use of tribes’ sovereign immunity in order to avoid state certification and customer security laws and regulations.

“This ruling is definitely a crucial victory for California’s payday loan consumers,” said DBO Commissioner Jan Lynn Owen. Continuer la lecture de « DBO Wins Landmark Ca Supreme Court Ruling in Significant Tribal Payday Lending Case »