Debt management program fee and service regulations are revised.

The bill modifies debt management program regulations, allowing licensees to receive fees and consideration from third parties. It removes the requirement for licensees to maintain separate bank trust accounts for debtor payments. The bill also exempts debt management service licensees from credit services organization regulations. It adjusts fee structures and conditions for debt management services.

Debt management program fee and service regulations are revised.

The bill modifies debt management program regulations, allowing licensees to receive fees and consideration from third parties. It removes the requirement for licensees to maintain separate bank trust accounts for debtor payments. The bill also exempts debt management service licensees from credit services organization regulations. It adjusts fee structures and conditions for debt management services.