Chapter 332 — Accelerated Mortgage Payment Provider; Bond Requirements

332.01 This section has no operative text. All of its subdivisions were repealed in 1969, with a further repeal of remaining … 332.02 This section has no operative text. It was repealed in 1969. Nothing in this section is currently in effect. 332.03 This section has no operative text. It was repealed in 1969. Nothing in this section is currently in effect. 332.04 This section has no operative text. It was repealed in 1969. Nothing in this section is currently in effect. 332.05 This section has no operative text. It was repealed in 1969. Nothing in this section is currently in effect. 332.06 This section was repealed and contains no operative statutory text. The page shows only a session law citation (1969 c … 332.07 This section was repealed and contains no operative statutory text. The page shows only a session law citation (1969 c … 332.08 This section was repealed and contains no operative statutory text. The page shows only a session law citation (1969 c … 332.09 This section was repealed and contains no operative statutory text. The page shows only a session law citation (1969 c … 332.10 This section was repealed and contains no operative statutory text. The page shows only a session law citation (1969 c … 332.11 Former collection agency provision, subdivisions repealed in 1969 and 1971. 332.12 Former collection agency provision, repealed in 2007. 332.13 Former collection agency provision, repealed in 2007. 332.14 Former collection agency provision, repealed in 2007. 332.15 Former collection agency provision, repealed in 2007. 332.16 This section was repealed in 2007. It contains no operative statutory text. 332.17 This section was repealed in 2007. It contains no operative statutory text. 332.18 This section was repealed in 2007. It contains no operative statutory text. 332.19 This section was repealed in 2007. It contains no operative statutory text. 332.20 This section was repealed in 2007. It contains no operative statutory text. 332.21 Former collection agency provision, repealed in 2007. 332.22 Former collection agency provision, repealed in 2007. 332.23 Former collection agency provision, repealed in 2007. 332.24 Former collection agency provision, repealed in 2007. 332.25 Former collection agency provision, repealed in 2007. 332.26 Former collection agency provision, repealed in 2007. 332.27 Former collection agency provision, repealed in 2007. 332.28 Former collection agency provision, repealed in 2007. 332.29 Former collection agency provision, repealed in 2007. 332.30 Accelerated Mortgage Payment Provider; Bond Requirements This section sets the bonding and deposit requirements for accelerated mortgage payment providers (as defined in section … 332.301 Bond; Background Check This section governs the surety bond or deposit required of an accelerated mortgage payment provider. The commissioner … 332.302 Contracts; Notice to Mortgagor This section sets the rules for contracts between an accelerated mortgage payment provider and a mortgagor (the … 332.303 Segregated Accounts This section requires an accelerated mortgage payment provider to keep client money separate from its own. Any payment … 332.31 Definitions Defines key terms used in Minnesota's debt collection law, including 'collection agency,' 'debt buyer,' and 'collector.' … 332.311 Transfer of Administrative Functions This section transfers the administrative authority over collection agencies and debt buyers to the commissioner of … 332.32 Exclusions Lists entities that are excluded from the definition of 'collection agency' and therefore not subject to Minnesota's … 332.33 Licensing and Registration Requires all collection agencies and debt buyers to obtain a license from the Minnesota Commissioner of Commerce before … 332.335 This section has been repealed and contains no operative statutory text. The only content is a session law citation … 332.3351 This section has been repealed and contains no operative statutory text. The only content is a session law citation … 332.3352 Waiver of Licensing and Registration Allows the commissioner of commerce to waive this chapter's licensing and registration requirements for an out-of-state … 332.34 Bond Requires every licensed collection agency to file and maintain a surety bond of at least $50,000 (up to $100,000 … 332.345 Segregated Accounts Requires collection agencies to hold payments collected on behalf of clients in a separate trust account at a bank or … 332.35 Prior Conviction or Judgment as Disqualification Bars individuals convicted of fraud, felonies, or financial crimes within the past five years from being licensed or … 332.355 Agency Responsibility for Collectors Holds licensed collection agencies responsible for violations committed by their individual debt collectors. The … 332.36 This section has been repealed and contains no operative statutory text. The only content is a session law citation … 332.365 Credit Counseling Organizations; Debtors Requires the Commissioner of Commerce to maintain a list of nonprofit credit counseling organizations in Minnesota, and … 332.37 Prohibited Practices Lists 24 specific practices that collection agencies, debt buyers, and collectors are prohibited from using in … 332.38 Application in Case of Pretended Purchase, Assignment or Use of a Fictitious Name Extends Minnesota's debt collection laws to any person who uses a fake purchase, sham assignment, or fictitious name to … 332.385 Notification to Commissioner Requires a licensed collection agency or debt buyer to notify the Commissioner of Commerce when it fires an employee, if … 332.39 Injunctions Authorizes the Minnesota Attorney General or any county attorney to seek an injunction in district court to stop … 332.395 Commissioner's Power Over Ineffective Licenses and Registrations This section gives the commissioner of commerce power to act against a license or registration even after it lapses, is … 332.40 Investigation, Suspension, and Revocation of Licenses or Registrations Grants the Commissioner of Commerce broad authority to investigate collection agencies and debt buyers, examine their … 332.41 Appeals This section governs appeals when a collection license or registration is denied, suspended, revoked, or censured. It … 332.42 Reports and Records This section sets the financial-statement and record-keeping duties for licensed collection agencies and debt buyers. … 332.43 Delinquent Collection Agencies This section lets the commissioner of commerce ask a court to appoint a receiver over a delinquent collection agency. … 332.44 Rulemaking Power This section gives the commissioner of commerce authority to adopt rules needed to administer the collection agency … 332.45 This section number no longer contains operative statutory text. The page shows only a session law reference (2014 c 222 … 332.50 This section number no longer contains operative statutory text. The page shows only a cross-reference to section … 332.505 This section number no longer contains operative statutory text. The page shows only a cross-reference to section … 332.51 This section number no longer contains operative statutory text. The page shows only a cross-reference to section … 332.52 Definitions This section defines the key terms used in Minnesota's credit services organization law (sections 332.52 to 332.60). It … 332.53 Waiver of Rights This section protects buyers under Minnesota's credit services organization law (sections 332.52 to 332.60) by making … 332.54 Registration This section requires a credit services organization to be registered with the commissioner before it offers, … 332.55 Bond This section requires a credit services organization to submit an annual surety bond of $10,000, expiring on June 30 of … 332.56 Prohibited Acts This section lists acts that a credit services organization and its salespeople, agents, representatives, and … 332.57 Disclosure Statement Before a credit services organization signs a contract with a buyer or accepts any money, whichever comes first, it must … 332.58 Contract Every contract between a buyer and a credit services organization must be in writing, dated, and signed by the buyer. It … 332.59 Violations A person who violates sections 332.52 to 332.58 (the credit services organization rules) is guilty of a misdemeanor. … 332.60 Damages A buyer who suffers damages from a credit services organization's violation of sections 332.52 to 332.58 may bring a … 332.70 Business Screening Services; Data Practices This section regulates business screening services, meaning companies that collect, assemble, evaluate, or disseminate … 332.71 Definitions This section defines the terms used in sections 332.71 to 332.75, which protect people who owe coerced debt. Coerced … 332.72 Coerced Debt Prohibited This section makes it illegal to cause another person to incur coerced debt. A person who does so is civilly liable to … 332.73 Notice to Creditor of Coerced Debt Before suing under section 332.74, a debtor must notify the creditor by certified mail that a debt is coerced, request … 332.74 Debtor Remedies A debtor claiming a creditor violated section 332.72 may petition the district court for a declaration that the debt is … 332.75 Creditor Remedies This section preserves the creditor's rights under the coerced debt law. Nothing in sections 332.71 to 332.74 reduces a … 604.113 Issuance of Worthless Check This section sets out the civil liability of anyone who issues a check that bounces (is dishonored). The payee or holder … 604.14 Civil Liability for Theft This section makes a person who steals personal property civilly liable to the owner for the property's value when … 604.15 Civil Liability for Receiving Motor Fuel Without Paying This section makes the owner of a vehicle that receives motor fuel without paying civilly liable to the retailer for the …