Banking Department States Tribal Payday Lending Organizations Don’t Have Sovereign Immunity

Banking Department States Tribal Payday Lending Organizations Don’t Have Sovereign Immunity Share this: Connecticut’s Department of Banking has determined that two payday financing businesses owned by the Otoe-Missouria Tribal country aren’t protected by sovereign resistance and that can be pursued by the division for violating Connecticut’s lending legislation. Banking Commissioner Jorge Perez concluded may 6 …