SB 901

Abstract

Amends the Collection Agency Act. Allows the Secretary of Financial and Professional Regulation to require participation in a multi-state licensing system for licensing under the Act. Allows the multi-state licensing system to charge an administrative fee. Removes a requirement to file an annual trust account financial report. Requires applicants and licensees to file an email address of record and allows the Department of Financial and Professional Regulation to send certain notices to the email address of record. Provides that members of the Collection Agency Licensing and Disciplinary Board shall have no liability in any action based upon any disciplinary proceeding or other activity performed in good faith as a member of the Board (rather than members of the Board shall be immune from suit in any action based upon disciplinary proceedings or other acts performed in good faith as members of the Board). Removes a requirement that the Department maintain a roster of all active licensees under the Act and all person whose licenses have been suspended, revoked, or denied renewal under the Act. Requires that exhibits in court proceedings under the Act shall be certified without cost. Makes other changes. Effective immediately.