A student loan servicer shall comply with all applicable federal laws and regulations relating to servicing, including the federal "Truth in Lending Act", 15 U.S.C. sec. 1601 to 1667f, as amended, and the regulations adopted pursuant to that act. In addition to any other remedies provided by law, a violation of that act or regulations adopted pursuant to that act is a violation of this article 20 and a basis upon which the administrator may take enforcement action pursuant to this article 20.
Source: L. 2019: Entire article added, (SB 19-002), ch. 157, p. 1870, § 2, effective August 2.