17:16G-2. Debt adjuster
a. No person other than a nonprofit social service agency or a nonprofit consumer credit counseling agency shall act as a debt adjuster.
b. It shall be unlawful for any nonprofit social service agency or nonprofit consumer credit counseling agency to act as a debt adjuster without first obtaining a license from the Commissioner of the Department of Banking pursuant to this act.
c. A licensee is authorized to offer credit counseling.
L. 1979, c. 16, s. 2, eff. Feb. 8, 1979. Amended by L. 1986, c. 184, s. 2, eff. Dec. 10, 1986.
Section: Previous 17-16f-18 17-16f-19 17-16f-23 17-16f-24 17-16f-25 17-16f-26 17-16g-1 17-16g-2 17-16g-3 17-16g-4 17-16g-5 17-16g-6 17-16g-7 17-16g-8 17-16g-9 Next
Last modified: October 11, 2016