Maine Statutes

§ 32 §11037 — Voluntary termination of business

Maine·Title 32 PROFESSIONS AND OCCUPATIONS·Ch. 109-A MAINE FAIR DEBT COLLECTION PRACTICES ACT
1.Procedures prior to termination. Prior to voluntarily ceasing business as a debt collector, a licensee shall:
2.Transfer of accounts. No licensee, when terminating its business, may transfer an account to another debt collector without first securing the written permission of the client.

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Legislative History

PL 1985, c. 702, §2 (NEW).

Nearby Sections

15
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