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Collection Agency Licensing Board

General Information
  • Formal Name:
    Collection Agency Licensing Board
  • Contact Person:
    David Wilson, Director
  • Purpose:
    The Board is responsible for the administration of the Collection Agency Act. It reviews all applications submitted for a Collection Agency License, investigating the qualifications of the applicants, and issuing a license or denying the application, as it determines appropriate. Neb. Rev. Stat. 45-605.
  • How Many Affectable:
    Those desiring a collection agency license and their clients.
  • How Many Served:
    There are 482 collection agencies licensed in Nebraska as of 7312020.
  • Year Created:
    1963
  • Year Active:
    1963
  • Sunset Date:
    None
Authorization
  • Authorization Citation:
    Neb. Rev. Stat. 45-603 to 45-605
  • Parent Agency:
    Secretary of State is the Chair and may perform other duties as necessary to carry out the Act.
Memberships and Meetings
  • Number Of Members:
    5
  • Who Appoints:
    Secretary of State is the Chair. Governor appoints the remaining 4 members.
  • Legislative Approval:
    No.
  • Qualifications Of Members:
    Three members must be active licensees, engaged in the collection business and one must be from each of the three Congressional districts. The fourth is an at-large representative of the public and cannot be a licensee.
  • Per Diem:
    blank
  • Expense Reimbursement:
    No.
  • Term Length:
    4 years
  • Terms Rotate or Expire At Once:
    Terms Rotate
Meetings Required In:
  • Required FY 17-18:
    4
  • Held FY 17-18:
    4
  • Required FY 18-19:
    4
  • Held FY 18-19:
    4
  • Required FY 19-20:
    4
  • Held FY 19-20:
    4
Operations
  • Support Staff:
    2: Director and Assistant
  • Shared or Separate:
    Shared with Secretary of State's office
  • FY 17-18 Budget:
    $168,771.45
  • FY 18-19 Budget:
    $125,432.35
  • FY 19-20 Budget:
    $122,579.24
  • Other Funding Sources:
    None
  • Spending Authority:
    Neb. Rev. Stat. 45-621
Accomplishments
  • Since July 1, 2016:
    The Board has reviewed and approved or denied applications for Collection Agencies at quarterly meetings. In 2017, developed a portal for renewing licenses online. In 2020, adopted the Nationwide Mortgage Licensing System and Registry for licensing functions.