New Hampshire Code § 399-C:1-a

Inducement Check Disclosure
Open in Lexace · Ask the AI about this section
No person subject to the provisions of this chapter shall induce any potential borrower who is not a loan customer of the person to enter into a closed-end loan agreement, by delivering in the first instance a negotiable check for such loan to such potential borrower, without including the following information clearly printed on the endorsement side of the check: I. A statement which reads, "By endorsing this check, you become legally liable for repaying all moneys, including interest, as specified in the following loan agreement/disclosure statement"; II. The amount financed; III. The annual percentage rate; IV. The number of installments; and V. The amount of each installment payment.

‹ Prev All New Hampshire sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.