New Hampshire § 399-C:1-a Inducement Check Disclosure

New Hampshire Statutes

§ 399-C:1-a — Inducement Check Disclosure

New Hampshire § 399-C:1-a

Title XXXVIPAWNBROKERS AND MONEYLENDERS

Ch. 399-CLENDERS OF MONEY

This text of New Hampshire § 399-C:1-a (Inducement Check Disclosure) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 399-C:1-a (2026).

Text

No person subject to the provisions of this chapter shall induce any potential borrower who is not a loan customer of the person to enter into a closed-end loan agreement, by delivering in the first instance a negotiable check for such loan to such potential borrower, without including the following information clearly printed on the endorsement side of the check:

I.A statement which reads, "By endorsing this check, you become legally liable for repaying all moneys, including interest, as specified in the following loan agreement/disclosure statement";

II.The amount financed;

III.The annual percentage rate;

IV.The number of installments; and

V.The amount of each installment payment.

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No person subject to the provisions of this chapter shall induce any potential borrower who is not a loan customer of the person to enter into a closed-end loan agreement, by delivering in the first instance a negotiable check for such loan to such potential borrower, without including the following information clearly printed on the endorsement side of the check:
I. A statement which reads, "By endorsing this check, you become legally liable for repaying all moneys, including interest, as specified in the following loan agreement/disclosure statement";
II. The amount financed;
III. The annual percentage rate;
IV. The number of installments; and
V. The amount of each installment payment.

Legislative History

2015, 272:24, eff. Oct. 1, 2015.

Nearby Sections

3

§ 399-C:1

Additional Fee or Charge for Substitution of Insurance Policy Prohibited

§ 399-C:1-a

Inducement Check Disclosure

§ 399-C:2

Penalty

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Bluebook (online)

New Hampshire § 399-C:1-a, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/399-C/399-C%3A1-a.