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)
Section 030-704-II - PURPOSE

The purpose of this chapter is to permit the State of Maine to use the NMLS for registration of all consumer reporting agencies. Use of the system will provide improved oversight over the activities of the companies, will simplify recordkeeping, and will standardize processes for all consumer reporting agencies registered in Maine. This chapter does not modify the standards for registration or the applicability of the provisions of the Maine Fair Credit Reporting Act, but rather sets forth the licensing requirements to be utilized henceforth by the Bureau.