Minnesota Legislature
Office of the Revisor of Statutes
Minnesota Administrative Rules
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2870.4100 DEBT PRORATING.
The licensee shall not transact business or hold itself out as a debt prorater, debt adjuster, or any person who settles, adjusts, prorates, pools, liquidates, or pays the indebtedness of a debtor, unless there is no charge to the debtor or the pooling or liquidation is done pursuant to court order or under the supervision of a creditor's committee.
Statutory Authority:
MS s 332.311
Published Electronically:
July 31, 2001
Official Publication of the State of Minnesota
Revisor of Statutes