Legislation
Synopsis
Altering a specified exemption from registration as a debt settlement services provider; and providing that a registrant may not charge a debt settlement services fee that exceeds 30% of the excess of the principal amount of the debt over the amount paid to the creditor or debt collector to settle the individual debt.
Committees
- Original:
- Rules
Details
Bill File Type: Regular
Effective Date(s): June 1, 2016
History
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Documents
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Date Posted | Document Name |
---|---|
3/01/2016 | Text - First - Commercial Law - Debt Settlement Services - Exemption and Fee |
File Code
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Subjects
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Statutes
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(
12-1003, 12-1010 )
Last Updated: 2/3/2020 2:30 PM