HAR §16-112-10. Principal collector

(a) The principal collector shall be a natural person as defined in section 16-112-11(2) to staff the collection agency office in this State. The principal collector shall be responsible for the direct 112-3 §16-112-10 management and control of the daily operation of the collection agency’s office in this State and shall: (1) Be an employee or agent of the collection agency; (2) Have full knowledge of the collection agency’s operations; (3) Have full knowledge of the collection agency’s accounting practices which include the monies belonging to and in custody of the agency in connection with its operation as a collection agency; and (4) Have full and immediate access to all books and records, or copies thereof, as will disclose debts, payments, remittances, or other transactions related to the daily operation of the collection agency’s business. (b) No collection agency shall conduct collection agency business until the name, Hawaii address, and telephone number of the principal collector have been provided to the director by the collection agency. [Eff 4/22/94] (Auth: HRS §443B-2) (Imp: HRS §443B-6)