2017 Mississippi Code
Title 81 - Banks and Financial Institutions
Chapter 19 - Consumer Loan Broker Act
§ 81-19-5. License requirement; penalty for violation

Universal Citation: MS Code § 81-19-5 (2017)

No person shall engage in the business of being a consumer loan broker before posting the bond and obtaining the license as required by this chapter. Any person violating this section is guilty of a misdemeanor and, upon conviction thereof, shall be punished by a fine of not more than One Thousand Dollars ($ 1,000.00) or by imprisonment in the county jail for not more than six (6) months, or by both such fine and imprisonment.

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