82.04.368 - Exemptions -- Nonprofit organizations -- Credit and debt services.

Exemptions — Nonprofit organizations — Credit and debt services.

This chapter does not apply to nonprofit organizations in respect to amounts derived from provision of the following services:

     (1) Presenting individual and community credit education programs including credit and debt counseling;

     (2) Obtaining creditor cooperation allowing a debtor to repay debt in an orderly manner;

     (3) Establishing and administering negotiated repayment programs for debtors; or

     (4) Providing advice or assistance to a debtor with regard to subsection (1), (2), or (3) of this section.

[1993 c 390 § 1.]