Section 8-609 - Debt limitation.
§ 8-609. Debt limitation.
A person may not prepare, arrange, accept, or participate in arranging a mortgage, promissory note, or other evidence of debt for performing or selling a home improvement with knowledge that the evidence of debt states a greater monetary obligation than the consideration, including a time sale price, for the home improvement.
[An. Code 1957, art. 56, § 261; 1992, ch. 4, § 2.]