Alaska Statutes Sec. 06.50.420 - Prohibition on Dividing Advance Amount or Increasing Number of Advances

A licensee may not induce or permit an advance recipient to divide the amount of an advance, or to become obligated, directly, contingently, or both, for more than one advance at the same time, if the purpose or result is to obtain additional origination fees under AS 06.50.460(a)(1).

Section: Previous  06.50.400  06.50.410  06.50.420  06.50.430  06.50.440  06.50.450  06.50.460  06.50.470  06.50.480  06.50.490  06.50.500  06.50.510  06.50.520  06.50.530  06.50.540  Next

Last modified: November 15, 2016