50-1007. Contracts required to be in writing; retention of copy by borrowing party.

50-1007

Chapter 50.--UNFAIR TRADE AND CONSUMER PROTECTION Article 10.--LOAN BROKERS

      50-1007.   Contracts required to be in writing; retention of copy by borrowing party.To be enforceable, every contract for the services of a loanbroker shall be in writing and signed by all contracting parties.

      The borrowing party shall retain a copy of the signed contract at the time it is signed.

      History:   L. 1988, ch. 328, § 7; July 1.