The Commonwealth of Massachusetts
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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.
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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
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In the Year Two Thousand and Nine
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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.