Alaska Stat. § 06.40.090

Current through Chapter 60 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 06.40.090 - Misleading statements prohibited; disclosure of interest rate
(a) A person may not advertise, print, display, publish, distribute, or broadcast, or cause or permit to be advertised, printed, displayed, published, distributed, or broadcast, in any manner, any statement or representation with regard to the rates, terms, or conditions for the lending of money, credit, goods, or things in action which is false, misleading, or deceptive.
(b) The licensee or lender shall state the interest rate charged in a premium finance agreement fully and clearly as an annual percentage rate.

AS 06.40.090