(a) A person may not advertise, print, display, publish, distribute, or broadcast or cause or permit to be advertised, printed, displayed, published, distributed, or broadcast, in any manner any statement or representation with regard to the rates, terms, or conditions for the lending of money, credit, goods, or things in action in the amount or of the value of $25,000 or less, which is false, misleading, or deceptive. The department may order a licensee to desist from conduct that it finds to be in violation of this section.
(b) The department may require rates of charge stated by a licensee to be stated fully and clearly in the manner considered necessary to prevent misunderstanding by prospective borrowers.
Section: 06.20.200 06.20.210 06.20.220 06.20.230 06.20.240 06.20.250 06.20.260 06.20.270 06.20.280 06.20.285 06.20.287 06.20.290 06.20.300 NextLast modified: November 15, 2016