HB 1151
House·20th Congress·Filed Jul 2, 2025
An Act Prohibiting Banks and Lending Companies from Requiring a Co-Maker Before Extending Loans
In plain language
The proposal would ban banks and lending firms from demanding a co‑maker when granting loans, and would shield any co‑maker from having to pay the borrower’s loan, interest, or penalties.
Consumer ProtectionLabor and Employment
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Author · Representative
Official sources
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HB01151 · Sources: BetterGov Open Congress, BatasWatch