Use of certain names and terms prohibited. A collection agency licensed under this chapter shall not:
1. Operate under a business name which is identical or similar to that of another collection agency licensed under this chapter.
2. Use any name or printed forms which may mislead or confuse the public.
3. Use the term “credit bureau” in its name unless it operates a bona fide credit bureau in conjunction with its collection agency business. For purposes of this subsection “credit bureau” means any person engaged in gathering, recording and disseminating information relative to the creditworthiness, financial responsibility, paying habits or character of persons being considered for credit extension, for prospective creditors.
Last modified: February 27, 2006