§ 17-24-104. Sanctions
(a) A collection agency that fails to remit to its client funds collected for the client within the calendar month following the month of collection, shall not be entitled to a collection fee and shall remit the total funds collected to the client. (b) If a collection agency fails to remit funds collected to its […]
§ 17-24-105. Remedies
When any person, partnership, corporation, or association engages in the business activities of a collection agency without a valid license issued under this chapter or has had the license revoked, suspended, or refused, in accordance with the provisions of this chapter, the State Board of Collection Agencies may petition the circuit court in the jurisdiction […]
§ 17-24-201. Creation — Members
(a) (1) There is created a State Board of Collection Agencies composed of five (5) members to be appointed by the Governor. (2) The members shall serve three-year terms without compensation except they may receive expense reimbursement and stipends in accordance with § 25-16-901 et seq. (b) (1) (A) One (1) member shall be appointed […]
§ 17-24-202. Organization and proceedings
(a) (1) The State Board of Collection Agencies shall meet and shall select from its membership a chair, vice chair, and secretary. (2) No one (1) member of the board shall hold more than one (1) of the offices. (b) Meetings of the board shall be held upon the written call of the chair of […]