Section 399-D:16 Prohibited Acts.
No licensee shall:
I. Purchase from a creditor any obligation of a debtor.
II. Operate as a collection agent and as a licensee for the same debtor's account.
III. Execute any contract or agreement to be signed by the debtor unless the contract or agreement is fully and completely filled in and finished.
IV. Receive or charge any fee in the form of a promissory note or other promise to pay, or receive or accept any wage assignment, mortgage or other security for any fee, either as real or personal property.
V. Pay any bonus or other consideration to any person for the referral of a debtor to his or her business or accept or receive any bonus, commission, or other consideration for referring any debtor to any person for any reason.
VI. Advertise, display, distribute, broadcast or televise, or permit to be displayed, advertised, distributed, broadcasted or televised, his or her services, rates, or terms in any manner whatsoever which makes any false, misleading, or deceptive statement or representation with regard to the services to be performed by the licensee or the charges to be made therefor.
Source. 2004, 230:1, eff. Sept. 9, 2004.