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2017 Rhode Island General Laws
Title 19 - Financial institutions
Chapter 19-14.2 - Small Loan Lenders
Section 19-14.2-13 - Additional documents delivered to borrower.
Universal Citation: RI Gen L § 19-14.2-13 (2017)
§ 19-14.2-13. Additional documents delivered to borrower.
Every licensee who is the holder of any small loan note shall deliver to the borrower, at the time any small loan is made, a statement of the law regarding interest rate and term limitations, in plain English, showing in clear and distinct terms the amount and date of the loan and of its maturity; the nature of the security, if any, for the loan; the name and address of the borrower and of the licensee; and the agreed rate of interest.
History of Section.
(P.L. 1995, ch. 82, § 54.)
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