Michigan Compiled Laws
Article 9 - (339.901...339.920)
Section 339.902 - Collection Practices Board; Creation.

Sec. 902.
A collection practices board is created.
History: 1980, Act 299, Imd. Eff. Oct. 21, 1980 Popular Name: Act 299

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 339 - Occupational Code

Act 299 of 1980 - Occupational Code (339.101 - 339.2919)

Article 9 - (339.901...339.920)

Section 339.901 - Definitions.

Section 339.902 - Collection Practices Board; Creation.

Section 339.903 - Pretended Purchase or Assignment of Account; Applicability of Article.

Section 339.904 - Collection Agency; License Required for Each Place of Business; Exceptions to Licensing Requirement of Subsection (1); Qualifications of Applicant.

Section 339.905 - Repealed. 1988, Act 463, Eff. Sept. 1, 1989.

Section 339.906 - Collection Agency; License Nontransferable; Notification of Changes in Corporate Structure, Partnership, Name, or Address.

Section 339.907 - Corporate Surety or Cash Bond; Action on Bond; Aggregate Liability; Cancellation of Bond.

Section 339.908 - “Owner Manager” Defined; Personal Supervision of Collection Agency by Licensed Collection Agency Manager or Owner Manager; Notice; Limitation.

Section 339.909 - Separate Trust Account; Maintenance by Collection Agency; Designation as Trust Account; Disbursements and Withdrawals.

Section 339.910 - Books, Accounts, and Records; Use; Preservation; Accessibility; Annual Report; Financial Report of Trust Account; Audit; Information Provided to Director Exempt From Disclosure; Exception; Compliance Attestation Report.

Section 339.911 - Collection Agency Manager's License or Collection Agency License; Requirements.

Section 339.912 - Applicant for Collection Agency Manager's License; Written Examination.

Section 339.913 - Collection Agency Manager's License; Display.

Section 339.914 - Repealed. 1996, Act 151, Imd. Eff. Mar. 25, 1996.

Section 339.915 - Licensee; Prohibited Acts.

Section 339.915a - Licensee; Additional Prohibited Acts; Section Construed; "Affiliate" Defined.

Section 339.916 - Action for Damages or Other Equitable Relief; Recovery; Civil Penalty; Attorney's Fees and Court Costs.

Section 339.917 - Conduct of Licensee Subject to Penalties.

Section 339.918 - Communication With Consumer; Notice; Effect of Disputing Validity of Debt; Verification of Debt; Failure to Dispute Validity of Debt.

Section 339.919 - Communication With Person Other Than Debtor; Location Information.

Section 339.920 - Taking Possession of Assets, Books, and Records of Licensee for Purpose of Liquidating Business or Other Relief; Application for Court Order; Notice.