Rhode Island General Laws
Chapter 19-14.8 - Uniform Debt-Management Services Act
Section 19-14.8-37. - Statute of limitations.

§ 19-14.8-37. Statute of limitations.
(a) An action or proceeding brought pursuant to § 19-14.8-33(a), (b), or (c) must be commenced within four (4) years after the conduct that is the basis of the director’s complaint.
(b) An action brought pursuant to § 19-14.8-35 must be commenced within two (2) years after the latest of:
(1) The individual’s last transmission of money to a provider;
(2) The individual’s last transmission of money to a creditor at the direction of the provider;
(3) The provider’s last disbursement to a creditor of the individual;
(4) The provider’s last accounting to the individual pursuant to § 19-14.8-27(a);
(5) The date on which the individual discovered or reasonably should have discovered the facts giving rise to the individual’s claim; or
(6) Termination of actions or proceedings by the director with respect to a violation of the chapter.
(c) The period prescribed in subsection (b)(5) is tolled during any period during which the provider or, if different, the defendant has materially and willfully misrepresented information required by this chapter to be disclosed to the individual, if the information so misrepresented is material to the establishment of the liability of the defendant under this chapter.
History of Section.P.L. 2006, ch. 243, § 3; P.L. 2006, ch. 291, § 3.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 19 - Financial Institutions

Chapter 19-14.8 - Uniform Debt-Management Services Act

Section 19-14.8-1. - Short title.

Section 19-14.8-2. - Definitions.

Section 19-14.8-3. - Exempt agreements and person.

Section 19-14.8-4. - Registration required.

Section 19-14.8-5. - Application for registration — Form, fee and accompanying documents.

Section 19-14.8-6. - Application for registration — Required information.

Section 19-14.8-7. - Application for registration — Obligation to update.

Section 19-14.8-8. - Application for registration — Public information.

Section 19-14.8-9. - Certificate of registration — Issuance or denial.

Section 19-14.8-10. - Certificate of registration — Timing.

Section 19-14.8-11. - Renewal of registration.

Section 19-14.8-12. - [Repealed.]

Section 19-14.8-13. - Bond required.

Section 19-14.8-14. - Bond required — Substitute.

Section 19-14.8-15. - Requirement of good faith.

Section 19-14.8-16. - Customer service.

Section 19-14.8-17. - Prerequisites for providing debt-management services.

Section 19-14.8-18. - Communication by electronic or other means.

Section 19-14.8-19. - Form and content of agreement.

Section 19-14.8-20. - Cancellation of agreement — Waiver.

Section 19-14.8-21. - Required language.

Section 19-14.8-22. - Trust account.

Section 19-14.8-23. - Fees and other charges.

Section 19-14.8-24. - Voluntary contributions.

Section 19-14.8-25. - Voidable agreements.

Section 19-14.8-26. - Termination of agreements.

Section 19-14.8-27. - Periodic reports and retention of records.

Section 19-14.8-28. - Prohibited acts and practices.

Section 19-14.8-29. - Notice of litigation.

Section 19-14.8-30. - Advertising.

Section 19-14.8-31. - Liability for the conduct of other persons.

Section 19-14.8-32. - Powers of director or director’s designee.

Section 19-14.8-33. - Administrative remedies.

Section 19-14.8-34. - Suspension, revocation or nonrenewal of registration.

Section 19-14.8-35. - Private enforcement.

Section 19-14.8-36. - Violation of unfair or deceptive practices statute.

Section 19-14.8-37. - Statute of limitations.

Section 19-14.8-38. - Uniformity of application and construction.

Section 19-14.8-39. - Relation to Electronic Signatures in Global and National Commerce Act.

Section 19-14.8-40. - Transitional provisions — Application to existing transactions.

Section 19-14.8-41. - Severability.

Section 19-14.8-42. - [Reserved.]

Section 19-14.8-43. - Official comments.