Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter58. Insurance. |
Article70. Collection Agencies |
Part3. Prohibited Practices by Collecton Agencies Engaged in the Collection of Debts from Consumers |
§58-70-90. Definitions
Latest version.
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As used in this Part, the following terms have the meanings specified:
(1) "Collection agency" means a collection agency as defined in G.S. 58-70-15 which engages, directly or indirectly, in debt collection from a consumer.
(2) "Consumer" means an individual, aggregation of individuals, corporation, company, association, or partnership that has incurred a debt or alleged debt.
(3) "Debt" means any obligation owed or due or alleged to be owed or due from a consumer.
(1961, c. 782; 1971, c. 814, ss. 1-3; 1979, c. 835.)