§443B-10 - Reports and payments by agency.
§443B-10 Reports and payments by agency.
Every collection agency shall, within thirty days after the close of each
calendar month, report and pay to its clients the net amount due to each client
out of all collections made during the preceding calendar month.
In the event the gross amount due is paid to a
client and the client fails to pay a collection agency any sums due under this
section, the collection agency shall have, in addition to other remedies
provided by law, the right to offset any moneys due the collection agency under
this section against any moneys due its client. [L 1987, c 191, pt of §1; am L
1990, c 246, §10]