By Meagan Dorsch
A host of new laws ranging from fresh drinking water for students in California to outlawing the use of K2 in Illinois become effective Jan. 1, 2011.
In Montana, payday lenders will be limited in the amount of fees and interest rates they can charge to borrowers. In Minnesota, retailers will be banned from selling children’s cups and bottles that contain bisphenol A (BPA). And in Delaware, Kansas and Kentucky, drivers will be prohibited from texting while driving.
Not all laws passed by state legislatures become effective on Jan. 1. State constitutions or statutes usually establish when laws go into effect. Sometimes, an effective date is written into the specific piece of legislation.
The National Conference of State Legislatures (NCSL) found a host of those state laws—in at least 26 states ranging from controversial to clever—that will become effective on New Year's Day.
This is not an exhaustive list, but a sampling of some new state laws effective on New Year’s Day.
With all of the so called legislative experts wandering around the nations capitols, don't you think FINRA could
come up with something????
Let's just take a couple of baby steps
in consumer lending services (CLS).
But, teaching reading, should not be the
thrust of the regulatory authority's responsibility!!!!
Posted by: James Kester | December 29, 2010 at 06:10 AM