Alaska Statutes Sec. 06.40.090 - Misleading Statements Prohibited; Disclosure of Interest Rate

(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 which is false, misleading, or deceptive.

(b) The licensee or lender shall state the interest rate charged in a premium finance agreement fully and clearly as an annual percentage rate.

Section: 06.40.090  06.40.100  06.40.110  06.40.120  06.40.130  06.40.140  06.40.150    Next

Last modified: November 15, 2016