TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 150 COLLECTION AGENCY ACT
SECTION 150.50 CHANGE OF OWNERSHIP
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 150 COLLECTION AGENCY ACT
SECTION 150.50 CHANGE OF OWNERSHIP
Section 150.50 Change of Ownership
When more than 50% of the assets, stock or equity of a collection agency are transferred, a new collection agency application shall be filed with the Division in accordance with Section 150.25.