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Ca Supreme Court Finds Two Payday Lenders Perhaps Not Immune From State Lending Laws

the Ca Supreme Court in Owen v. Miami country Enterprises , held that payday financing businesses neglected to show by way of a preponderance for the proof which they had been “arms of” Indian tribes. Consequently, lenders are not immune from complying having a Ca state financing legislation. In its choice, the Court reaffirmed well-settled legislation holding that Indian tribes are resistant from legal actions.

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