§ 6.1-476. Prohibited activities.
A. Any facilitator who offers to facilitate, or who facilitates, a refund anticipation loan shall not engage in any of the following activities:
1. Requiring a customer to enter into a loan arrangement in order to complete a tax return.
2. Misrepresenting a material factor or condition of a refund anticipation loan.
3. Failing to process the application for a refund anticipation loan promptly after an applicant applies for the loan.
4. Engaging in any transaction, practice, or course of business that operates a fraud upon any person in connection with a refund anticipation loan.
B. When an application involves more than one customer, notification pursuant to this section need only be given to one customer.
(2006, c. 399.)
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