Bill Text: MA H236 | 2009-2010 | 186th General Court | Introduced


Bill Title: For legislation relative to out of state collection agencies

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2010-08-12 - Accompanied a study order, see H04975 [H236 Detail]

Download: Massachusetts-2009-H236-Introduced.html

The Commonwealth of Massachusetts

_______________

PRESENTED BY:

Brian S. Dempsey

_______________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
��������������� Court assembled:

��������������� The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:

An Act relative to out of state collection agencies.

_______________

PETITION OF:

 

Name:

District/Address:

Brian S. Dempsey

3rd Essex


 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 222 OF 2007-2008.]

The Commonwealth of Massachusetts

_______________

In the Year Two Thousand and Nine

_______________




An Act relative to out of state collection agencies.



��������������� Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

�����������    Section 24 of chapter 93 of the General Laws, as appearing in the 2004 Official Edition, is hereby amended by adding the following paragraph:�
   The commissioner of banks shall regulate that nothing in this section, shall be construed to prohibit a person, firm, corporation or association regulated as a collection agency in another state or residing therein from communicating with a debtor in the commonwealth under the following conditions:�
   (a) Agency must be licensed and bonded in home state;
   (b) Collection to be done by interstate means such as telephone, fax or mail;
   (c) Collections are on behalf of creditors outside the commonwealth;
   (d) Agency registers with the commissioner and furnishes proof of licensing and bonding.

feedback