A private educational lender may not, directly or indirectly:

1. (a) offer or provide any gift to a covered educational institution in exchange for any advantage or consideration provided to such private educational lender related to its private educational loan activities; or
2. (b) engage in revenue sharing with a covered educational institution.

Laws 2013, HB 1829, c. 99, § 9, emerg. eff. July 1, 2013.