A collection agency shall be exempt from the licensing and registration requirements of this chapter if all of the following conditions are met:

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

(1) the agency is located in another state that regulates and licenses collection agencies, but does not require a Minnesota collection agency to obtain a license to collect debts in the agency’s state if the agency’s collection activities are limited in the same manner;

(2) the agency’s collection activities are limited to collecting debts not incurred in this state from consumers located in this state; and

(3) the agency’s collection activities in Minnesota are conducted by means of interstate communications, including telephone, mail, electronic mail, or facsimile transmission.