Maine Revised Statutes Title 32 Sec. 6174-B – Counselor certification; consumer education program
Current as of: 2023 | Check for updates
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1. Certified counselor. A debt management service provider shall provide evidence to the administrator within 12 months after initial employment of a counselor that the counselor is a certified counselor.
[PL 2007, c. 36, §9 (NEW).]
Terms Used In Maine Revised Statutes Title 32 Sec. 6174-B
- Administrator: means the Superintendent of Consumer Credit Protection within the Department of Professional and Financial Regulation. See Maine Revised Statutes Title 32 Sec. 6172
- Certified counselor: means an individual certified by a training program or organization approved by the administrator that authenticates the competence of the individual providing education and assistance to consumers in connection with debt management services. See Maine Revised Statutes Title 32 Sec. 6172
- Consumer education program: means a program or plan that seeks to improve the financial literacy of consumers. See Maine Revised Statutes Title 32 Sec. 6172
- Debt management service: means :
A. See Maine Revised Statutes Title 32 Sec. 6172Debt management service provider: means a person, wherever located, that provides or offers to provide to a consumer in this State any debt management services, in return for a fee or other consideration, and a person located in this State that provides or offers to provide to a consumer who is not a resident of this State any debt management services, in return for a fee or other consideration. See Maine Revised Statutes Title 32 Sec. 6172 Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
2. Consumer education. A debt management service provider shall offer a consumer education program approved by the administrator. Providers of consumer education programs shall submit each such program to the administrator for approval, and each such submission must be accompanied by a $100 fee. A debt management service provider may charge consumers a reasonable fee for the program not to exceed $50.
[PL 2009, c. 243, §5 (AMD).]
3. Application. This section does not apply to a debt management service provider located in this State that does not provide debt management services to a consumer who is a resident of this State.
[PL 2007, c. 36, §9 (NEW).]
SECTION HISTORY
PL 2007, c. 36, §9 (NEW). PL 2009, c. 243, §5 (AMD).