HB 481 (BR 1691) - Dw. Butler, J. Thompson
AN ACT relating to consumer protection.
Create new sections of KRS Chapter 367 to define terms and to provide that the issuer of a credit card may change a cardholder's credit limit only after providing written notice 15 days prior to the effective date and that the issuer shall not collect an over-the-limit-fee if the cardholder exceeds the new credit limit and the issuer has not provided the written notice.
Feb 10-introduced in House
Feb 11-to Banking and Insurance (H)
Mar 15-posted in committee