Terms Used In Vermont Statutes Title 8 Sec. 2220a

  • following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
  • Loan solicitation: means , for compensation or gain or with the expectation of compensation or gain, to:

§ 2220a. Disclosure required by loan solicitation licensee

Each loan solicitation licensee shall include clearly and conspicuously in all advertisements of loans and solicitations of leads, the following statement: THIS IS A LOAN SOLICITATION ONLY. [INSERT LICENSEE NAME] IS NOT THE LENDER. INFORMATION RECEIVED WILL BE SHARED WITH ONE OR MORE THIRD PARTIES IN CONNECTION WITH YOUR LOAN INQUIRY. THE LENDER MAY NOT BE SUBJECT TO ALL VERMONT LENDING LAWS. THE LENDER MAY BE SUBJECT TO FEDERAL LENDING LAWS. (Added 2017, No. 22, § 25.)

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