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Rhode Island General Laws Title 19. Financial Institutions § 19-14.2-9. Split loans

Current as of January 01, 2024 | Updated by Findlaw Staff

No small loan lender shall induce or permit any borrower to split up or divide any loan, or permit any person to become obligated individually under more than one loan contract at the same time, for the purpose or with the result of obtaining a higher rate of charge than would otherwise be permitted.

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Cite this article: FindLaw.com - Rhode Island General Laws Title 19. Financial Institutions § 19-14.2-9. Split loans - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-19-financial-institutions/ri-gen-laws-sect-19-14-2-9/

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