Guidance on the Military Lending Act - Greater Cincinnati Automobile Dealers Association

Guidance on the Military Lending Act

CLICK HERE for OADA’s Guidance Memorandum on the US Department of Defense’s interpretation of the Military Lending Act (MLA),

CLICK HERE for OADA’s Guidance Memorandum Supplement.

CLICK HERE for an article from Charrapp & Weiss, LLP on the interepretation language of the Military Lending Ace (MLA).

CLICK HERE for a memorandum from Tom Buiteweg (Hudson Cook) on the implications of interpreting the MLA as prohibiting a creditor from taking a security interest in a motor vehicle in a consumer credit transaction.

If you have questions regarding the MLA or it’s interpretation, please contact Charlie Howard at 513-326-7100.