16a-6-109

Chapter 16a.--CONSUMER CREDIT CODE

Part 1 POWERS AND FUNCTIONS OF ADMINISTRATOR
Article 6.--ADMINISTRATION

     
16a-6-109.   (UCCC) Assurance of discontinuance.
If it is claimed that a person has engaged in conduct subject to an
order by the administrator (section 16a-6-108) or by a court (sections
16a-6-110 through 16a-6-112), the administrator may accept an assurance in
writing that the person will not engage in the conduct in the future. If a
person giving an assurance of discontinuance fails to comply with its
terms, the assurance is evidence that prior to the assurance he engaged in
the conduct described in the assurance.

     
History:   L. 1973, ch. 85, § 102; Jan. 1, 1974.