45:18-1.Ā  Collection agencies to file bond
No person shall conduct a collection agency, collection bureau or collectionĀ  office in this state, or engage therein in the business of collecting orĀ  receiving payment for others of any account, bill or other indebtedness, orĀ  engage therein in the business of soliciting the right to collect or receiveĀ  payment for another of any account, bill or other indebtedness, or advertiseĀ  for or solicit in print the right to collect or receive payment for another ofĀ  any account, bill or other indebtedness, unless such person, or the person forĀ  whom he may be acting as agent has on file with the secretary of stateĀ  sufficient bond as hereinafter specified.