16a-3-208. Advertising; prohibited conduct. (1) No person shall make, directly or indirectly, a false, misleading or deceptive advertisement regarding loans or the availability of loans.

(2) No person shall advertise the size of any loan, security required for a loan, rate of charge or other conditions of lending except with the full intent of making loans at those rates, or lower rates, and under those conditions or conditions more favorable to the consumer, to loan applicants who meet the standards or qualifications prescribed.

(3) This section shall be supplemental to and a part of the uniform consumer credit code.

History: L. 1999, ch. 107, § 2; L. 2024, ch. 6, § 67; January 1, 2025.