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

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

Spectrum: Partisan Bill (Democrat 1-0)

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

Download: Massachusetts-2009-H236-Introduced.html

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The Commonwealth of Massachusetts

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PRESENTED BY:

Brian S. Dempsey

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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.