Exemption from other statutes

Act 117 of 2008, § 21, under DEBT MANAGEMENT SERVICES ACT - ENACTMENT.

Act 117 of 2008, § 21

Section 21. Exemption from other statutes.

A licensee under this act shall not be subject to the provisions of the act of September 2, 1965 (P.L.490, No.249), referred to as the Money Transmission Business Licensing Law, to the extent that the licensee transmits money pursuant to the terms of a debt management services or debt settlement services agreement.