Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
030 - BUREAU OF CONSUMER CREDIT PROTECTION
Chapter 704 - ESTABLISHMENT OF REGISTRATION AND RENEWAL FEES FOR MAINE'S FAIR CREDIT REPORTING ACT LICENSING AND REQUIREMENT FOR REGISTRATION THROUGH THE NATIONWIDE MULTISTATE LICENSING SYSTEM (NMLS)

SUMMARY

This chapter makes the modifications necessary to transition registration of all consumer reporting agencies currently registered with the State of Maine to a multistate system administered by the Nationwide Multistate Licensing System (NMLS). The chapter establishes an annual registration effective from January 1 through December 31 of each year, It sets application and renewal fees and application requirements for consumer reporting agencies, requires applicants for new registrations to apply to NMLS by November 1, 2023, and requires consumer reporting agencies currently registered in Maine to transition to the NMLS.

STATUTORY AUTHORITY: 10 M.R.S. §1310-A(G)