LAC 10:XV.1315

LAC 10:XV.1315. Prohibitions

Last amended: 2014Year: 2026Length: 300 wordsOfficial source

Cite as La. Admin. Code tit. 10, pt. XV, § 1315

A. A repossession agent shall not: 1. use a name other than that which is on its license; 2. contract with a secured party for self-help repossession who is not authorized by the Additional Default Remedies Act to use the provisions of that Act; 3. allow an unlicensed person to repossess collateral; or 4. allow an apprentice to repossess collateral without on-site supervision of a repossession agent, except as provided in LAC 10:XV.1303(E)(3); 5. use a tow truck unless such vehicle is compliant with the applicable provisions and rules of the Louisiana Towing and Storage Act (R.S. 32:1771 et seq. and LAC 55:1901 et seq.). B. A repossession agent and apprentice under his supervision shall not: 1. repossess collateral as agent for anyone other than the repossession agency with which he is employed and licensed; 2. identify himself with a name or repossession agency other than the one with which he is licensed; 3. carry a dangerous weapon on his person or in his vehicle when repossessing collateral; 4. repossess collateral while under the influence of alcohol or a dangerous drug; 5. wear any clothing, badge, insignia, or any other item usually identified with law enforcement officers; 6. remove any personal effects from a repossessed automobile for personal use; or 7. fail to return his identification card to the commissioner within 10 days from ceasing employment with the repossession agency with which he is licensed. C. A repossession agent and apprentice under his supervision shall not breach the peach which includes, but is not limited to: 1. unauthorized entry by a repossessor into a closed dwelling, whether locked or unlocked; 2. oral protest by a debtor to the repossessor against repossession prior to the repossessor seizing control of the collateral shall constitute a breach of the peace by the repossessor.
LAC 10:XV.1315: LAC 10:XV.1315. Prohibitions | Justis AI