Section 3.07.210. Advertising loan costs.

Latest version.

	(a)  All advertising, including but not limited to, premium finance agreements and examples or tables of fixed periodic payment plans must include all charges to the borrower as well as interest and principal. A statement of the annual percentage rate must be clearly disclosed in a premium finance agreement.  
	(b)  No advertisement may include reference to any average prepayment period or an average cost of a loan.

Authorities

06.40.090;06.40.180

Notes

Authority
 AS 06.40.090  
AS 06.40.180  
History Eff. 4/28/79, Register 70

                    
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