- (1) The following shall be exempt from the supervised loan licensing requirements of this act:
- (a) A supervised financial organization;
- (b) the federal deposit insurance corporation acting in its corporate capacity or as receiver; or
- (c) an attorney who is forwarded contracts for collection.
- (2) This section shall be a part of and supplemental to the uniform consumer credit code.
L. 2024, ch. 6, § 15; January 1, 2025.