Section 451.1236. Employment qualifications.

A firm shall not knowingly employ a person, except as approved by the administrator, as an office manager or counselor who has:

(a)   Been convicted of a crime involving moral turpitude, which shall include forgery, embezzlement, obtaining money under false pretenses, larceny, extortion, conspiracy to defraud, or any other like offense.

(b)    Violated or failed to comply with a provision of the act, or a rule or order promulgated or issued pursuant to the act.

(c)    Had a license to engage in the business of debt management revoked or suspended in this state or another state for any reason other than failure to pay licensing fees.

(d)   Defaulted in the payment of money collected for others, including the discharge of debts, because of bankruptcy proceedings. The director may, at his discretion, waive this restriction if provided with evidence of justifiable cause for the bankruptcy, plus  convincing   evidence  of  the fitness of the bankrupt party to carry out his or her  functions  under   the act.

History: 1979 AC.