§ 2759c. Periodic statements to debtor

Periodically, but not less frequently than quarterly, the licensee shall provide the debtor with a statement showing the payments made by the debtor, how such payments have been distributed, and for each debt covered by the contract:

(1) the beginning amount of such debt;

(2) the current amount due on such debt; and

(3) the basic terms of such debt. (Added 2003, No. 81 (Adj. Sess.), § 1; amended 2009, No. 137 (Adj. Sess.), § 3.)