61-18A-11: Qualification of manager applicants.

The licensed manager to be actively in charge of a collection agency shall:

A. have reached the age of majority;

B. not have been convicted of a felony or crime involving moral turpitude;

C. be a graduate of a high school or provide proof to the director that the licensed manager is possessed of the equivalent of a high school education;

D. pass the examination required;

E. pay the examination fee to the director;

F. have been actively and continuously engaged or employed in the collection of accounts receivable for at least two of the five years next preceding the filing of the application; and

G. have a good credit record.