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RSA Chapter 399-E — Loan Scam Operators

chapter-399-eRSA ch. 399-ECodeMay 30, 1988

Open source

Title XXXVI — Pawnbrokers and Moneylenders

Current through the 2025 Regular Session of the New Hampshire General Court.

Title XXXVI Pawnbrokers and Moneylenders

RSA 399-E:1 Loan Scam Operators

I. In this chapter, "loan scam operator" means any person who, through advertising in any media, offers to lend money for a prepaid fee without any source of supply for such money and with no intent to provide such money.

II. Any loan scam operator who operates in this state shall be guilty of a felony and, notwithstanding RSA 651:2, shall be subject to a fine of $10,000 and one year of imprisonment.

Source. 1988, 46:1, eff. May 30, 1988.

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