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23-39-404. Prohibited acts.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-39-404. Prohibited acts.
It shall be unlawful for a loan broker to:
(1) Assess or collect an advance fee from a borrower to provide services as a loan broker; or
(2) Make or use unfair, false, misleading, or deceptive representations or to omit any material fact in the offer or sale of the services of a loan broker, or to engage, directly or indirectly, in any act that operates or would operate as an unfair, false, misleading, or deceptive representation in his or her business dealings.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-39-404
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-39-404
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 9696e49dc9078d3ed52000f4589ba3c0cb0820a108000d0e2c01b2ad8d9336c9
Source location: content.xml paragraph 18470
Stored source content
23-39-404. Prohibited acts.
It shall be unlawful for a loan broker to:
(1) Assess or collect an advance fee from a borrower to provide services as a loan broker; or
(2) Make or use unfair, false, misleading, or deceptive representations or to omit any material fact in the offer or sale of the services of a loan broker, or to engage, directly or indirectly, in any act that operates or would operate as an unfair, false, misleading, or deceptive representation in his or her business dealings.
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