6.1-476 - (Repealed effective October 1, 2010) Prohibited activities.
§ 6.1-476. (Repealed effective October 1, 2010) Prohibited activities.
A. Any facilitator who offers to facilitate, or who facilitates, a refundanticipation loan shall not engage in any of the following activities:
1. Requiring a customer to enter into a loan arrangement in order to completea tax return.
2. Misrepresenting a material factor or condition of a refund anticipationloan.
3. Failing to process the application for a refund anticipation loan promptlyafter an applicant applies for the loan.
4. Engaging in any transaction, practice, or course of business that operatesa fraud upon any person in connection with a refund anticipation loan.
B. When an application involves more than one customer, notification pursuantto this section need only be given to one customer.
(2006, c. 399.)