Current as of: 2009 (a) It is a violation for a foreclosure consultant to: (1) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented he or she would perform; (2) Claim, demand, charge, collect, or receive any fee, interest, or any other compensation for any reason which exceeds eight percent (8%) per annum of the amount of any loan which the foreclosure consultant may make to the owner; (3) Take any wage assignment, any lien on any type of real or personal property, or other security to secure the payment of compensation. Any such security is void and unenforceable; (4) Receive any consideration from any third-party in connection with services rendered to an owner unless the consideration is first fully disclosed to the owner; (5) Acquire any interest, directly, or indirectly, or by means of a subsidiary or affiliate in a residence in foreclosure from an owner with whom the foreclosure consultant has contracted; (6) Take any power of attorney from an owner for any purpose, except to inspect documents as provided by law; or (7) Induce or attempt to induce any owner to enter a contract which does not comply in all respects with § 5-79-3. ________________________________________________________________________
Questions & Answers: Home ForeclosureRhode Island Laws: Home ForeclosureU.S. Code Provisions: Home Foreclosure
Current as of: 2010 The provisions of this chapter shall be construed to apply to and affect only public utilities which furnish products or services within the state, and this chapter shall not be construed to extend to any public utility engaged in interstate commerce the government or regulation of which jurisdiction is vested in the interstate commerce commission or other federal board or commission. [Acts 1919, ch. 49, § 10; Shan. Supp., § 3059a93; Code 1932, § 5456; T.C.A. (orig. ed.), § 65-403.] ________________________________________________________________________ U.S. Code Provisions: UtilitiesFederal Regulations: Utilities
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