(a) Unfair methods of competition, and unfair or deceptive acts or practices, as defined
in this chapter, are declared to be unlawful.
(b) In construing subsection (a) of this section, the courts may be guided by the
interpretations of § 45 of the Federal Trade Commission Act (15 U.S.C. § 45), as from time to time amended.
(c) The department of revenue (hereinafter in this chapter, the “department”) may
make rules and regulations interpreting the provisions of subsection (a) of this section. The rules and regulations shall not be inconsistent with the rules, regulations,
and decisions of the Federal Trade Commission and the federal courts interpreting
the provisions of the Federal Trade Commission Act (15 U.S.C. § 45), as from time to time amended.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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