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2017 Regular Session



Maryland Collection Agency Licensing Act - Student Education Loan Servicers

Sponsored by:

Delegate Stein


In the House - Unfavorable Report by Economic Matters

Synopsis:Altering the definition of "collection agency" under the Maryland Collection Agency Licensing Act to include a person who directly or indirectly engages in the business of servicing a student education loan of any student borrower.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Stein, Brooks, Ebersole, Lierman, McCray, Morhaim, Platt, and P. Young
Additional Facts:Cross-filed with: SB0916
Bill File Type: Regular
Effective Date(s): October 1, 2017
Economic Matters  View Committee Hearing
Broad Subject(s):Financial Institutions
Business Regulation and Occupations
Higher Education
Narrow Subject(s):Debt Collection -see also- Attachments and Garnishments
Higher Education -see also- Comm Colleges; Med Schools; etc.
Loans -see also- Mortgages
Statutes:Article - Business Regulation
(7-101, 7-102, 7-301, 7-308)

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November 28, 2017 1:02 P.M.