§19-14.8-25  Voidable Agreements. –

Published: 2015

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Financial institutions

CHAPTER 19-14.8

Uniform Debt-Management Services Act

SECTION 19-14.8-25

   § 19-14.8-25  Voidable agreements. –

(a) If a provider imposes a fee or other charge or receives money or other

payments not authorized by § 19-14.8-23 or 19-14.8-24, the individual may

void the agreement and recover as provided in § 19-14.8-35.

   (b) If a provider is not registered as required by this

chapter when an individual assents to an agreement, the agreement is voidable

by the individual.

   (c) If an individual voids an agreement under subsection (b),

the provider does not have a claim against the individual for breach of

contract or for restitution.

History of Section.

(P.L. 2006, ch. 243, § 3; P.L. 2006, ch. 291, § 3.)