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Code · BILL · 116th Congress · H.R. 1810 (Introduced in House) — To provide the legal framework and income tax treatment necessary for the growth of innovative private financing opti... · Sec. 202

Sec. 202. Preemption of State law with respect to usury

44 words·~1 min read·/bill/116/hr/1810/ih/section-202·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A Qualified ISA shall not be subject to State law with respect to usury, unless such State law was issued after the date of the enactment of this Act and such State law expressly states that it is intended to apply to income-share agreements.
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