Lac Courte Oreilles Law Library
Lac Courte Oreilles Tribal Code of Law.

CMP.2.6.030 Prohibited Acts by Licensees

(a) A Person shall not engage in the business of Consumer Financial Services subject to this Code without first obtaining a License pursuant to this Code.

(b) A Licensee shall not:

(1) Engage in any Consumer Financial Services other than those allowed under this Code and authorized by its License.

(2) Assess any interest, fee, or charge fee that is greater than any applicable limitation, if any, prescribed in this Code.

(3) Use or cause to be published or disseminated any advertisement that contains false, misleading or deceptive statements or representations.

(4) Engage in unfair, deceptive, or fraudulent practices.

(5) Tie or otherwise condition the providing of Consumer Financial Services to the sale of any good or service by the Licensee.

(6) Originate any Loan or approve any Loan agreement outside the Tribe's Jurisdiction.

Prospectively waive any applicable federal law in any Loan agreement.