TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 170 CONSUMER LEGAL FUNDING ACT
SECTION 170.80 RETURN OF DOCUMENTS


 

Section 170.80  Return of Documents

 

All legal instruments taken in connection with a funding and executed by a consumer shall be returned to the consumer, physically or electronically, promptly following the resolution date or the satisfaction date.  To satisfy the requirements of this Section, a licensee may substitute copies reproduced from any medium or format which accurately reproduces the original documents.  Any executed copy of any legal instrument taken in connection with a funding retained by the licensee must be clearly marked “PAID” or “FULLY SATISFIED”.