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Austin Municipal Court Judge Ferdinand Clervi struck straight down an element of Austin’s payday November 18, 2020

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Austin Municipal Court Judge Ferdinand Clervi struck straight down an element of Austin’s payday

lending ordinance in March, governing that the ordinance’s restrictions on regularity and number of installments are preempted by state law.

If Clervi’s ruling is ultimately upheld, it’ll signify Austin, along with other towns which have comparable ordinances in Texas, may no further manage to protect customers when you look at the method that City Council envisioned whenever it enacted the ordinance. (more…)

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