Montana: Initiative will stay on ballot judge says

Thu, Oct 7 2010 — Source: Forbes.com

A district judge ruled Thursday that an initiative to cap interest rates on payday loans will stay on the Nov. 2 ballot in Montana after opponents failed to prove signatures had been improperly gathered. The state certified the initiative known as CI-164 after supporters turned in the signatures of 27,421 registered voters in 54 districts.

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