ROBERT L. EHRLICH, JR., Governor

Ch. 375

(C)     (1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION, A LICENSEE MAY
CHARGE A MONTHLY MAINTENANCE FEE NOT EXCEEDING $5 $8 FOR EACH CREDITOR
OF A CONSUMER THAT IS LISTED IN THE DEBT MANAGEMENT SERVICES AGREEMENT
BETWEEN THE LICENSEE AND THE CONSUMER

(2) THE TOTAL FEES CHARGED TO A CONSUMER UNDER PARAGRAPH (1)
OF THIS SUBSECTION MAY NOT EXCEED $50 $30 $40 PER MONTH.

(D)     A LICENSEE MAY COLLECT FROM OR ON BEHALF OF A CONSUMER THE
FUNDS THE CONSUMER HAS AGREED TO PAY TO THE LICENSEE UNDER THE DEBT
MANAGEMENT SERVICES AGREEMENT.

(E)     A LICENSEE MAY NOT CHARGE A FEE TO:*

(1) PREPARE A FINANCIAL ANALYSIS OR AN INITIAL BUDGET PLAN FOR
THE CONSUMER;

(2) COUNSEL A CONSUMER ABOUT DEBT MANAGEMENT;

(3) PROVIDE A CONSUMER WITH THE CONSUMER EDUCATION PROGRAM
DESCRIBED IN THE LICENSEE'S LICENSE APPLICATION; OR

(1) COUNSEL A CONSUMER ABOUT DEBT MANAGEMENT;

(2) PROVIDE A CONSUMER WITH A CONSUMER EDUCATION PROGRAM;
OR

(3) CANCEL

(4) RESCIND A DEBT MANAGEMENT SERVICES AGREEMENT.

(F)     (1) A LICENSEE MAY NOT REQUIRE A VOLUNTARY CONTRIBUTION FROM
A CONSUMER FOR ANY SERVICE PROVIDED BY THE LICENSEE TO THE CONSUMER.

(2) A LICENSEE MAY ACCEPT A VOLUNTARY CONTRIBUTION FROM A
CONSUMER FOR ANY A DEBT MANAGEMENT SERVICE PROVIDED BY THE LICENSEE
TO THE CONSUMER IF THE AGGREGATE AMOUNT OF THE VOLUNTARY
CONTRIBUTION AND ANY OTHER FEES RECEIVED BY THE LICENSEE FROM THE
CONSUMER FOR DEBT MANAGEMENT SERVICES DOES NOT EXCEED THE TOTAL
AMOUNT THE LICENSEE IS AUTHORIZED TO CHARGE THE CONSUMER UNDER
SUBSECTIONS (B) AND (C) OF THIS SECTION.

(G) (1) BEFORE PROVIDING DEBT MANAGEMENT SERVICES TO A
CONSUMER A LICENSEE SHALL PROVIDE THE CONSUMER A LIST OF SERVICES AND
THEIR CHARGES DESCRIBING:

(I) THOSE SERVICES THAT THE LICENSEE OFFERS:

1. FREE OF CHARGE IF THE CONSUMER ENTERS INTO A
DEBT MANAGEMENT SERVICES AGREEMENT WITH THE LICENSEE; AND

2. FOR A CHARGE IF THE CONSUMER DOES NOT ENTER INTO
A DEBT MANAGEMENT SERVICES AGREEMENT WITH THE LICENSEE; AND

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