Rhode Island General Laws
Chapter 19-14 - Licensed Activities
Section 19-14-21. - Advertising and misrepresentations.

§ 19-14-21. Advertising and misrepresentations.
(a) No licensee or other person shall advertise, print, display, publish, distribute, telecast, or broadcast, or cause or permit to be advertised, printed, displayed, published, distributed, telecast, or broadcast, in any manner whatsoever any false, misleading, or deceptive statement or representation with regard to the rates, terms, or conditions for licensed activities. The director, or the director’s designee, may order any licensee or other person to desist from any conduct that he or she shall find to be a violation of the foregoing provisions.
(b) The director, or the director’s designee, may require that rates of interest or charges, if stated by a licensee, be stated fully and clearly in any manner the director, or the director’s designee, may deem necessary to prevent misunderstanding of the rates or charges by prospective customers.
(c) The licensee shall disclose in any written or oral advertisements or representation disseminated primarily in this state, the type of license held.
History of Section.P.L. 1995, ch. 82, § 52.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 19 - Financial Institutions

Chapter 19-14 - Licensed Activities

Section 19-14-1. - Definitions.

Section 19-14-2. - Licenses required.

Section 19-14-3. - Application for license.

Section 19-14-4. - Annual fee.

Section 19-14-5. - Minimum capital.

Section 19-14-6. - Bond of applicant.

Section 19-14-7. - Issuance or denial of license.

Section 19-14-8. - Denial of license due to incomplete application.

Section 19-14-9. - Contents of license.

Section 19-14-10. - Agent for service of process.

Section 19-14-11. - Prohibition or transfer or assignment of license.

Section 19-14-12. - Place of business — Branch offices — Name changes.

Section 19-14-13. - Revocation of license.

Section 19-14-14. - Revocation by default.

Section 19-14-15. - Suspension of license.

Section 19-14-16. - Surrender of license.

Section 19-14-17. - Contracts unimpaired by revocation, suspension, or surrender of license.

Section 19-14-18. - Reinstatement of license.

Section 19-14-19. - Filing findings on revocation or suspension.

Section 19-14-20. - Books, accounts, and records.

Section 19-14-21. - Advertising and misrepresentations.

Section 19-14-22. - Reporting requirements.

Section 19-14-23. - Examinations and investigations.

Section 19-14-24. - Tying with other business.

Section 19-14-25. - Transactions and place of business limited by license — Remote locations.

Section 19-14-26. - Penalty for violations.

Section 19-14-26.1. - Additional penalties.

Section 19-14-27. - Modification or repeal of chapter.

Section 19-14-28. - Appeal from director.

Section 19-14-29. - Appropriations — Fees.

Section 19-14-30. - Rules and regulations.

Section 19-14-31. - Pre-existing contracts.

Section 19-14-32. - Severability.

Section 19-14-33. - Compliance with federal law governing licensed activities.

Section 19-14-34. - Resident agent — Loss payee.