Rule 2.59.119 - PROHIBITED ACTS OR PRACTICES(1) A bank is prohibited from engaging in any of the following acts or practices: (a) extending credit or altering the terms or conditions of an extension of credit conditioned upon the customer entering into a debt cancellation agreement or debt suspension agreement with the bank. The prohibition is commonly referred in the regulatory context as the anti-tying provision;(b) engaging in any practice or using any advertisement that could mislead or otherwise cause a reasonable person to reach an erroneous belief with respect to information that must be disclosed under ARM 2.59.118, including what is being offered, the cost, and/or the terms of the contract;(c) offering debt cancellation contracts or debt suspension agreements that contain terms: (i) giving the bank the right unilaterally to modify the contract unless: (A) the modification is favorable to the customer and is made without additional charge to the customer; or(B) the customer is notified of any proposed change and is provided a reasonable opportunity to cancel the contract without penalty before the change goes into effect; or(ii) requiring an up-front, lump-sum single payment for the contract if the extension of credit to which the contract pertains is a residential mortgage loan.NEW, 2011 MAR p. 2801, Eff. 12/23/11.32-1-218, MCA; IMP, 32-1-429, MCA;