Arkansas Attorney General Reports January 27, 1992 (Opinion No.)
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United States · · · 27-01-1992
The Honorable Stanley Russ State Senator P.O. Box 787 Conway, AR 72032 Dear Senator Russ: This is in response to your request for an opinion concerning the federal preemption of state usury laws. I have paraphrased your specific question as follows: Does the federal preemption of state usury laws apply to all mortgages or only to those that are primarily for homes occupied by the owners?
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