45-1020 Misleading advertising prohibited; enforcement. - Nebraska Statutes

45-1020. Misleading advertising prohibited; enforcement.No licensee or other person subject to the Nebraska Installment Loan Act shall advertise, print, display, publish, distribute, or broadcast or cause or permit to be advertised, printed, displayed, published, distributed, or broadcast in any manner whatsoever any false, misleading, or deceptive statement or representation with regard to the rates, terms, or conditions for the lending of money, credit, goods, or things in action. The director may order any licensee to cease and desist from any conduct which he or she finds to be a violation of this section. The director may require that rates of charge, if stated by a licensee, be stated fully and clearly in such manner as the director deems necessary to prevent misunderstanding by prospective borrowers. SourceLaws 1941, c. 90, § 21, p. 353; C.S.Supp.,1941, § 45-149; R.S.1943, § 45-133; Laws 1993, LB 121, § 267; Laws 1997, LB 555, § 15; R.S.1943, (1998), § 45-133; Laws 2001, LB 53, § 48.