Section 58-21-21 - Fraud unlawful.

58-21-21. Fraud unlawful.

It is unlawful for any mortgage loan company in connection with the origination, brokering, negotiating or making of any mortgage loan, directly or indirectly, to:

A.     employ any device, scheme or artifice to defraud; or

B.     engage in any act, practice or course of business that operates or would operate as a fraud or deceit upon any person.