Section 22161 Of Article 4. Regulations From California Financial Code >> Division 9. >> Chapter 1. >> Article 4.
22161
. No person subject to this division shall do any of the
following:
(a) Make a materially false or misleading statement or
representation to a borrower about the terms or conditions of that
borrower's loan, when making or brokering the loan.
(b) Advertise, print, display, publish, distribute, or broadcast,
or cause or permit to be advertised, printed, displayed, published,
distributed, or broadcast in any manner, any statement or
representation with regard to the business subject to the provisions
of this division, including the rates, terms, or conditions for
making or negotiating loans, that is false, misleading, or deceptive,
or that omits material information that is necessary to make the
statements not false, misleading, or deceptive, or in the case of a
licensee, that refers to the supervision of the business by the state
or any department or official of the state.
(c) Commit an act in violation of Section 1695.13 of the Civil
Code.
(d) Engage in any act in violation of Section 17200 of the
Business and Professions Code.
(e) Knowingly misrepresent, circumvent, or conceal, through
subterfuge or device, any material aspect or information regarding a
transaction to which the person is a party.
(f) Commit an act that constitutes fraud or dishonest dealings.