Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 3. Commerce, Community, and Economic Development. |
Part 3.1. Banking, Securities, Small Loans and Corporations. |
Chapter 3.01. Financial Institution General Administration. |
Article 3.01.3. Prohibited Practices and Sanctions. |
Section 3.01.220. False or misleading representations.
Latest version.
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A creditor may not use any false, deceptive or misleading representation or means in connection with the collection of any debt, including but not limited to the following: (1) any false representation (A) that the lender is vouched for, bonded by, or affiliated with the United States or any state; (B) of the character, amount or legal status of any debt; (C) of any services rendered or compensation due the creditor for the collection of any debt; (D) that documents are not legal process forms or do not require action by the debtor; (2) communicating or threatening to communicate to any person credit information which is known to be false or, if a debt is disputed, failing to communicate that fact when giving credit information.
Authorities
06.05.005;06.05.015;06.05.075;06.15.010;06.20.340;06.30.025;06.30.030
Notes
Authority
AS 06.05.005 AS 06.05.015(11) AS 06.05.075 AS 06.15.010 AS 06.20.340 AS 06.30.025 AS 06.30.030History
Eff. 4/4/79, Register 70