TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 150 COLLECTION AGENCY ACT
SECTION 150.140 GRANTING VARIANCES


 

Section 150.140  Granting Variances

 

a)         The Director may grant variances from this Part in individual cases when the Director finds that:

 

1)         The provision from which the variance is granted is not statutorily mandated;

 

2)         No party will be injured by granting the variance; and

 

3)         The rule from which the variance is granted would, in the particular case, be unreasonable or unnecessarily burdensome.

 

b)         The Director shall notify the Board in writing of the granting of a variance, and the reasons for granting the variance, at the next meeting of the Board.