HJR 6, 56th R.S.
Proposition Prop. 4 - For the Constitutional Amendment giving the Legislature authority to classify loans and lenders, license and regulate lenders, define interest and fix maximum rates of interest; and providing for a maximum rate of interest of ten per centum (10%) per annum in the absence of legislation fixing maximum rates of interest.
Outcome: Adopted
Election date: 11/08/1960
Votes for: 1,088,993
Votes against: 369,132
Articles affected
Article 16 :
Amends
§11
Analyses of proposed amendments:
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 8, 1960 election.
University of Texas at Austin Amendments Proposed for the November 8, 1960 election.
The Legislative Archive System is a work in progress. Complete information is not available for all bills and all sessions. Visit the Legislative Archive System status page for details. Please contact the Legislative Reference Library at 512-463-1252 if you have any questions.
Information on this website is provided as a public service by the Legislative Reference Library. The Legislative Reference Library makes no representation as to its completeness or accuracy and makes no warranty in regard to its use. Users assume all risk of reliance on the information included on this site.