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(1) a name lender shall:
(a) post in a location that is conspicuous its premises which can be seen by an individual looking for a name loan:
(i) an entire routine of any interest or charges charged for the name loan that states the attention and charges:
(A) as buck quantities; and
(B) as yearly portion prices; and
(ii) a phone number an individual may call to produce an issue to the division regarding a name loan;
(b) get into a written agreement for the title loan containing:
(i) the title of the individual receiving the name loan;
(ii) the deal date;
(iii) the total amount of the name loan;
(iv) a statement associated with total quantity of any interest or charges that could be charged when it comes to name loan, expressed as:
(A) a buck quantity; and
(B) a apr; and
(v)(A) the title and target regarding the designated representative needed to be supplied the division under Subsection 7-24-201(2)(d)(vi); and
(B) a declaration that solution of procedure might be built to the designated representative;
(c) give you the individual searching for the title loan a copy associated with written agreement described in Subsection (1)(b);
(d) ahead of the execution associated with the title loan:
(i) orally review because of the individual searching for the title loan the terms associated with the name loan including:
(A) the actual quantity of any rate of interest or charge, expressed as:
(we) a buck quantity; and
(II) a percentage that is annual; and
(B) the date on that the complete quantity of the name loan flow from; and
(ii) offer the individual searching for the title loan a copy associated with disclosure form adopted by the division under part 7-24-203 ; and