Based on data reported by over 4,000 weather stations. Tornado activity: Bay St. Louis-area historical tornado activity is below Mississippi state average. It is 36 greater than the overall U. average. On 5191980a category F3 ( max. wind speeds 158-206 mph) tornado 4.
The relevant statute in the MLA defines an interest-bearing loan as a loan in which the debt is expressed as the principal amount and interest is computed, cash loans gosnells, and collected on unpaid principal balances outstanding from time to time.
While precomputed loans are required by law to be repaid in monthly installments, the MLA statutes governing interest-bearing loans do not include a monthly installment mandate, Justice French wrote. The General Assembly could вЂ¦ have included a separate provision in the MLA that specifically requires that interest-bearing loans be repayable in multiple installments, just as it did with precomputed loans by requiring monthly installments, she reasoned.
[I]t did not do so. Reading the statute according to the natural and most obvious import of the statutory language, we conclude that R. 1321. 51(F) is not ambiguous. Justice French then addressed the cash loans gosnells whether the STLA bars MLA lenders from making payday-type loans.
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