The licensed manager to be actively in charge of a collection agency shall:
A. be a citizen of the United States;
B. have reached the age of majority;
C. not have been convicted of a felony or crime involving moral turpitude;
D. be a graduate of a high school or provide proof to the director that he is possessed of the equivalent of a high school education;
E. pass the examination required;
F. pay the examination fee to the director;
G. have been actively and continuously engaged or employed in the collection of accounts receivable for at least two of the five years next preceding the filing of the application; and
H. have a good credit record.
History: Laws 1987, ch. 252, § 11; 1999, ch. 272, § 30.
The 1999 amendment, effective June 18, 1999, deleted former Subsection D, which read "have been a bona fide resident of this state continuously for at least six months prior to the date of the filing of the application", and redesignated the subsequent subsections accordingly.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.