MCL - 299-1980-9

OCCUPATIONAL CODE (EXCERPT)
Act 299 of 1980
Article 9

Document Type Description
Section 339.901 Section Definitions.
Section 339.902 Section Collection practices board; creation.
Section 339.903 Section Pretended purchase or assignment of account; applicability of article.
Section 339.904 Section Collection agency; license required for each place of business; exceptions to licensing requirement of subsection (1); qualifications of applicant.
Section 339.905 Section Repealed. 1988, Act 463, Eff. Sept. 1, 1989.
Section 339.906 Section Collection agency; license nontransferable; notification of changes in corporate structure, partnership, name, or address.
Section 339.907 Section Corporate surety or cash bond; action on bond; aggregate liability; cancellation of bond.
Section 339.908 Section “Owner manager” defined; personal supervision of collection agency by licensed collection agency manager or owner manager; notice; limitation.
Section 339.909 Section Separate trust account; maintenance by collection agency; designation as trust account; disbursements and withdrawals.
Section 339.910 Section Books, accounts, and records; use; preservation; accessibility; annual report; financial report of trust account; audit; information provided to director exempt from disclosure; exception; compliance attestation report.
Section 339.911 Section Collection agency manager's license or collection agency license; requirements.
Section 339.912 Section Applicant for collection agency manager's license; written examination.
Section 339.913 Section Collection agency manager's license; display.
Section 339.914 Section Repealed. 1996, Act 151, Imd. Eff. Mar. 25, 1996.
Section 339.915 Section Licensee; prohibited acts.
Section 339.915a Section Licensee; additional prohibited acts; section construed; "affiliate" defined.
Section 339.916 Section Action for damages or other equitable relief; recovery; civil penalty; attorney's fees and court costs.
Section 339.917 Section Conduct of licensee subject to penalties.
Section 339.918 Section Communication with consumer; notice; effect of disputing validity of debt; verification of debt; failure to dispute validity of debt.
Section 339.919 Section Communication with person other than debtor; location information.
Section 339.920 Section Taking possession of assets, books, and records of licensee for purpose of liquidating business or other relief; application for court order; notice.