Section 5-2-309 - Conduct of business other than making loans

A supervised lender may not carry on any other business for the purpose of evasion or violation of this code nor may the supervised lender extend credit on the condition or requirement that the consumer obtain additional credit, goods, or services from the supervised lender or a person related to the supervised lender unless otherwise permitted by law.L. 2000: Entire article R&RE, p. 1213, § 1, effective July 1.This section is similar to former § 5-3-512, as it existed prior to 2000. For regulation of pawnbrokers, see article 11.9 of title 29.