58-70-125. Shared office space.
The office of a collection agency shall not be shared or have a common waiting room with a practicing attorney or any type of lending institution. The office may be located in a private residence only if it is solely for business purposes, has an outside entrance and can be isolated from the remainder of the residence. (1979, c. 835.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 70 - Collection Agencies.
§ 58-70-1 - Permit from Commissioner of Insurance; penalty for violation; exception.
§ 58-70-5 - Application to Commissioner for permit.
§ 58-70-10 - Application to Commissioner for permit renewal.
§ 58-70-15 - Definition of collection agency and collection agency business.
§ 58-70-20 - Bond requirement.
§ 58-70-25 - Record of business in State.
§ 58-70-30 - Hearing granted applicant if application denied; appeal.
§ 58-70-35 - Application fee; issuance of permit; contents and duration.
§ 58-70-45 - Disposition of permit fees.
§ 58-70-50 - All collection agencies to identify themselves in correspondence.
§ 58-70-60 - Statements to be furnished each collection creditor.
§ 58-70-65 - Remittance trust account.
§ 58-70-70 - Receipt requirement.
§ 58-70-75 - Creditor may request return of accounts.
§ 58-70-80 - Return of accounts and all valuable papers upon termination of permit.
§ 58-70-85 - Application of funds where there is a debtor-creditor relationship.
§ 58-70-95 - Threats and coercion.
§ 58-70-105 - Unreasonable publication.
§ 58-70-110 - Deceptive representation.
§ 58-70-115 - Unfair practices.
§ 58-70-120 - Unauthorized practice of law; court appearances.
§ 58-70-125 - Shared office space.
§ 58-70-130 - Civil liability.
§ 58-70-145 - Complaint of a collection agency plaintiff must contain certain allegations.
§ 58-70-150 - Complaint of a debt buyer plaintiff must be accompanied by certain materials.