Minn. Stat. § 332.3352

Current through Register Vol. 49, No. 8, August 19, 2024
Section 332.3352 - WAIVER OF LICENSING AND REGISTRATION

The commissioner of commerce may, by order, waive the licensing and registration requirements of this chapter for a nonresident collection agency and the nonresident collection agency's affiliated collectors if:

(1) a written reciprocal licensing agreement is in effect between the commissioner and the licensing officials of the nonresident collection agency's home state; and
(2) the nonresident collection agency is licensed in good standing in the nonresident collection agency's home state.

Minn. Stat. § 332.3352

Added by 2024 Minn. Laws, ch. 114,s 3-68, eff. 8/1/2024.