Preemption.

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Counties and municipalities, including home rule counties and municipalities, are prohibited from enacting and enforcing ordinances, resolutions or rules regulating financial or lending activities or imposing reporting requirements or any other obligations upon creditors regarding home loans that are subject to the Home Loan Protection Act.

History: Laws 2003, ch. 436, § 10.

ANNOTATIONS

Effective dates. — Laws 2003, ch. 436, § 19 made this section effective July 1, 2003 and provided that on or after that date no county or municipality shall enact or enforce any ordinance, resolution, or rule regarding home loans that are subject to the Home Loan Protection Act or that, except for the delayed applicability date of the Act (January 1, 2004) would otherwise be subject to the act.

Applicability. — Laws 2003, ch. 436, § 19A made the Home Loan Protection Act applicable to all home loans made or entered into after January 1, 2004.


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