(A) A credit access business shall display a written notice of the Military Lending Act in a conspicuous manner clearly visible to consumers upon entering the business premises.
(B) The notice required by this section shall consist of a sign that sets forth language identical to the following in black text over a white background:
"ATTENTION ALL ACTIVE DUTY MILITARY PERSONNEL AND THEIR DEPENDENTS
IN ACCORDANCE WITH 10 U.S. CODE § 987 AND THE MILITARY LENDING ACT, A CREDITOR MAY NOT IMPOSE AN ANNUAL PERCENTAGE RATE OF INTEREST GREATER THAN 36 PERCENT WITH RESPECT TO THE CONSUMER CREDIT EXTENDED TO A COVERED MILITARY MEMBER.
FEDERAL LAW PROVIDES IMPORTANT PROTECTIONS TO REGULAR OR RESERVE MEMBERS OF THE ARMY, NAVY, MARINE CORPS, AIR FORCE, OR COAST GUARD, SERVING ON ACTIVE DUTY UNDER A CALL OR ORDER THAT DOES NOT SPECIFY A PERIOD OF 30 DAYS OR FEWER, AND THEIR DEPENDENTS. MEMBERS OF THE ARMED FORCES AND THEIR DEPENDENTS MAY BE ABLE TO OBTAIN FINANCIAL ASSISTANCE FROM ARMY EMERGENCY RELIEF, NAVY AND MARINE CORPS RELIEF SOCIETY, THE AIR FORCE AID SOCIETY, OR COAST GUARD MUTUAL AID. MEMBERS OF THE ARMED FORCES AND THEIR DEPENDENTS MAY
REQUEST FREE LEGAL ADVICE REGARDING AN APPLICATION FOR CREDIT FROM A SERVICE LEGAL ASSISTANCE OFFICE OR FINANCIAL COUNSELING FROM A CONSUMER CREDIT COUNSELOR.
A CREDITOR OR ASSIGNEE WHO KNOWINGLY VIOLATES 10 U.S.C. 987 AS IMPLEMENTED BY THIS PART SHALL BE FINED AS PROVIDED IN TITLE 18, UNITED STATES CODE, OR IMPRISONED FOR NOT MORE THAN ONE YEAR, OR BOTH.
COMPLAINTS MAY BE FILED WITH THE CONSUMER AFFAIRS DEPARTMENT ON FT HOOD."
(C) The title "Attention All Active Duty Military Personnel and their Dependents" shall appear in block letters at least one inch height. All other letters shall appear in block letters at least one-half inch height.
(Ord. 2016-09, passed 4-26-16)