| Formal Name: | Collection Agency Licensing Board |
| Contact Person: | David L. Wilson, Licensing Director & Associate General Counsel |
| Purpose: | The Board is responsible for the administration of the Collection Agency Act as well as the rules and regulations adopted pursuant to Neb. Rev. Stat. 45-604. The Board reviews all applications for collection agency licenses. The Board also investigates licensees for alleged wrong-doing regarding the handling of client funds. |
| How Many Affectable: | Those desiring a collection agency license and their clients. |
| How Many Served: | 437 licensed collection agencies and their clients. |
| Year Created: | 1963 |
| Year Active: | 1963 |
| Sunset Date: | None |
| Authorization Citation: | Neb. Rev. Stat. 45-603 |
| Parent Agency: | Secretary of State |
| Number Of Members: | 5, the Secretary of State and 4 appointed members |
| Who Appoints: | Governor appoints 4 members |
| Legislative Approval: | No |
| Qualifications Of Members: | Per Neb. Rev. Stat. 45-603(1), three of the members shall be licensees actively engaged in the collection business in Nebraska, one from each of the congressional districts, the other member must be a non-licensed member of the public. |
| Per Diem: | No |
| Expense Reimbursement: | Yes |
| Term Length: | 4 years |
| Terms Rotate or Expire At Once: | Terms Rotate |
| Required FY 13-14: | 0 |
| Held FY 13-14: | 4 |
| Required FY 14-15: | 0 |
| Held FY 14-15: | 4 |
| Required FY 15-16: | 0 |
| Held FY 15-16: | 4 |
| Support Staff: | Yes |
| Shared or Separate: | Secretary of State |
| FY 13-14 Budget: | 0 |
| FY 14-15 Budget: | 0 |
| FY 15-16 Budget: | 0 |
| Other Funding Sources: | None. |
| Spending Authority: | Yes, to employ persons and make other necessary expenditures |
| Since July 1, 2012: | Since July 1, 2012, the Board has reviewed and approved or denied applications for Collection Agencies in Nebraska, as required by the Act, at quarterly meetings. The Board has also updated the rules and regulations governing licensees. Through its staff, the Board has addressed consumer complaints filed against licensees. |