Hawaii Revised Statutes 443b-4.58 Biennial Renewal Requirement.

[§443B-4.58] Biennial renewal requirement. (a) Each collection agency shall renew its registration by June 30 of each even-numbered year.

(b) When renewing its registration, an agency shall submit to the director the following:

(1) An application on a form prescribed by the director;

(2) Satisfactory evidence that the collection agency is bonded as required by section 443B-5;

(3) A certificate of good standing or a certificate of authority issued by the business registration division, if the applicant is a corporation, partnership, or joint venture;

(4) The name and business address of the applicant's principal collector who is authorized to directly manage and control the daily operations of the applicant's Hawaii office; and

(5) A renewal fee in the amount specified by rule.

(c) Failure on the part of a collection agency to renew its registration as provided in subsection (a) shall cause the registration to be forfeited; provided that the director may make an exception for good cause shown. [L 1990, c 246, pt of §1]

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Last modified: October 27, 2016