It shall be unlawful and an unfair trade practice for any person to cause to be placed before the public in this state, directly or indirectly, any false, misleading or deceptive advertising matter pertaining to primary or subordinate mortgage loans or the availability thereof: Provided, That this section shall not apply to the owner, publisher, operator or employees of any publication or radio or television station which disseminates such advertising matter without actual knowledge of the false or misleading character thereof.
Structure West Virginia Code
Article 17. West Virginia Residential Mortgage Lender, Broker and Servicer Act
§31-17-1. Definitions and General Provisions
§31-17-2. License Required for Lender and Broker Originator; Exemptions
§31-17-5. Refusal or Issuance of License
§31-17-7. License Not Transferable or Assignable; License May Not Be Franchised; Renewal of License
§31-17-9. Disclosure; Closing Statements; Other Records Required; Record-Keeping Requirements
§31-17-10. Advertising Requirements
§31-17-11. Records and Reports; Examination of Records; Analysis
§31-17-13. Notice of Refusal, or Suspension or Revocation, of License; Relinquishing License
§31-17-14. Hearing Before Commissioner; Provisions Pertaining to Hearing
§31-17-16. Actions to Enjoin Violations
§31-17-17. Loans Made in Violation of This Article Void; Agreements to Waive Article Void