A. A lender shall collect past-due accounts in a professional, fair and lawful manner, in accordance with the federal Fair Debt Collection Practices Act.
B. A lender shall not threaten or pursue criminal action against a debtor as a result of the debtor’s instrument being returned unpaid or the debtor’s deferred deposit loan account not being paid.
C. A debtor shall not be subject to any criminal penalty if an instrument is dishonored.
Added by Laws 2003, c. 240, § 7, eff. Sept. 1, 2003.