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Banking Department States Tribal Payday Lending Organizations Do Not Have Sovereign Immunity

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Banking Department States Tribal Payday Lending Organizations Do Not Have Sovereign Immunity Connecticut’s Department of Banking has determined that two payday lending businesses owned because of the Otoe-Missouria Tribal country aren’t protected by sovereign resistance and may be pursued by the division for violating Connecticut’s lending rules. Banking Commissioner Jorge Perez concluded may 6 that […]