Section 19-14-21. – Advertising and misrepresentations.
§ 19-14-21. Advertising and misrepresentations. (a) No licensee or other person shall advertise, print, display, publish, distribute, telecast, or broadcast, or cause or permit to be advertised, printed, displayed, published, distributed, telecast, or broadcast, in any manner whatsoever any false, misleading, or deceptive statement or representation with regard to the rates, terms, or conditions for […]
Section 19-14-1. – Definitions.
§ 19-14-1. Definitions. Unless otherwise specified, the following terms shall have the following meanings throughout chapters 14, 14.1, 14.2, 14.3, 14.4, 14.6, 14.8, 14.10, and 14.11 of this title: (1) “Bona fide employee” shall mean an employee of a licensee who works under the oversight and supervision of the licensee. (2) “Check” means any check, […]
Section 19-14-2. – Licenses required.
§ 19-14-2. Licenses required. (a) No person shall engage within this state in the business of: (1) Making or funding loans or acting as a lender or small loan lender; (2) Brokering loans or acting as a loan broker; (3) Providing currency transmission for a fee or other consideration; (4) Cashing checks for a fee […]
Section 19-14-3. – Application for license.
§ 19-14-3. Application for license. (a) The application for a license shall be in the form prescribed by the director and shall contain the name and address or addresses where the business of the applicant is located and if the applicant is a partnership, association, corporation, or other form of business organization, the names and […]
Section 19-14-4. – Annual fee.
§ 19-14-4. Annual fee. (a) Each licensee shall pay an annual license fee as follows: (1) Each small-loan lender license and each branch certificate, the sum of five hundred fifty dollars ($550); (2) Each loan-broker license and each branch certificate, the sum of five hundred fifty dollars ($550); (3) Each lender license and each branch […]