Section 710 IAC 1-22-7 - Deceitful practicesAuthority: IC 23-2-1-15
Affected: IC 23-2-5-20
Sec. 7.
The following conduct, without limitation because of enumeration, constitutes a deceitful practice upon a person by a loan broker prohibited by IC 23-2-5-20(3):
(1) Using or permitting the use of any document that a loan broker knows contains erroneous or false information concerning or potentially affecting a prospective borrower's eligibility for a loan.(2) Making or causing to be made any false, deceptive, or misleading statement or representation in regard to services being offered by the loan broker.Securities Division; 710 IAC 1-22-7; filed Jan 19, 2006, 12:19 p.m.: 29 IR 1926