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Financial Institution Mortgage Financing Regulation Act | |
Mortgage Lending and Servicing Act | |
Section 501 | Civil liability -- Misdemeanor. |
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70D-2-501. Civil liability -- Misdemeanor. (1) (a) A lender, broker, or servicer who violates this chapter is liable to an injured party for actual damages. (b) In an action filed to determine the liability of a lender, broker, or servicer for damages under this chapter, the prevailing party is entitled to court costs and attorney fees. (2) A person who wilfully violates this chapter is guilty of a class A misdemeanor.
Renumbered and Amended by Chapter 72, 2009 General Session |
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