Minnesota Administrative Rules
This is an historical version of this rule part. Also view the current version.
2870.4100 DEBT PRORATING.
The licensee shall not transact business or hold itself out as a debt prorater, debt adjuster, or any person who settles, adjusts, prorates, pools, liquidates, or pays the indebtedness of a debtor, unless there is no charge to the debtor or the pooling or liquidation is done pursuant to court order or under the supervision of a creditor's committee.
Statutory Authority:
MS s 332.311
Published Electronically:
July 31, 2001
Official Publication of the State of Minnesota
Revisor of Statutes