2015 New Hampshire Revised Statutes
Title XXXVI - PAWNBROKERS AND MONEYLENDERS
Chapter 399-D - DEBT ADJUSTMENT SERVICES
Section 399-D:16 - Prohibited Acts.

NH Rev Stat § 399-D:16 (2015) What's This?

    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.


Disclaimer: These codes may not be the most recent version. New Hampshire may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.