Skip to main content Skip to office menu Skip to footer
Capital Icon Minnesota Legislature

Office of the Revisor of Statutes

SF 892 Senate Long Description

"Uniform Debt-Management Services Act"; enacting the act as approved and recommended for enactment in all the states by the national conference of commissioners on uniform state laws; defining terms, designating exempt agreements and persons and commissioner of commerce as administrator, requiring provider registration, providing for registration applications, certificates, renewals, and outside state registrations, requiring a surety bond or substitute, good faith, and customer service, providing for debt-management services prerequisites, communication by electronic or other means, form, agreement requirements and conditions, fees, trust, required language, records retention, prohibited acts and practices, advertising, liability for certain conduct by others, powers of administrator, administrative remedies, registration revocation, private enforcement, violation of unfair or deceptive practices, statue of limitations, uniformity of application, electronic signatures relation, existing transactions application, and severability, requiring notice of litigation; repealing debt management services
(rt)