16a-3-208.   Advertising; prohibited conduct.(1) A supervised lender shall not, directly or indirectly,make a false, misleading or deceptive advertisement regarding loansor the availability of loans.

      (2)   A supervised lender shall not advertise any size of loan, securityrequiredfor a loan, rate of charge or other conditions of lending except with the fullintent of making loans at those rates, or lower rates, and under thoseconditions or conditions more favorable to the consumer, to loan applicants whomeet the standards orqualifications prescribed by the supervised lender.

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

      History:   L. 1999, ch. 107, § 2; July 1.