Sec. 5. 32 MRSA §1102, sub-§6, as amended by PL 1993, c. 126, §1, is further amended to read:

6. Debt collector. "Debt collector" means any person conducting business in this State, the principal purpose of which is the collection of any debts, or who regularly collects or attempts to collect, directly or indirectly, debts owed or due or asserted to be owed or due another. The term "Debt collector" includes persons who furnish collection systems carrying a name that simulates the name of a debt collector and who supply forms or form letters to be used by the creditor even though the forms direct the debtor to make payments directly to the creditor. Notwithstanding the exclusion provided by section 11004 11003, subsection 7, the term "debt collector" includes any creditor who, in the process of collecting the creditor's own debts, uses any name other than the creditor's that would indicate that a 3rd person is collecting or attempting to collect these debts. For purposes of subchapter II, the term "debt collector" includes any attorney-at-law whose principal activities include collecting debts as an attorney on behalf of and in the name of clients. The term "Debt collector" also includes any person regularly engaged in the enforcement of security interests securing debts. The term "Debt collector" does not include any person who retrieves collateral when a consumer has voluntarily surrendered possession. A person is regularly engaged in the enforcement of security interests if that person enforced security interests more than 5 times in the previous calendar year. If a person does not meet these numerical standards for the previous calendar year, the numerical standards must be applied to the current calendar year.

Sec. 6. 32 MRSA §11031, sub-§2, as enacted by PL 1985, c. 702, §2, is amended to read:

2. Licenses. Licenses granted by the superintendent under this section shall be are for a period of 2 years and shall expire on July 31st or at such other times as the superintendent may designate. Each license may be renewed biennially so as long as the superintendent regards the business as responsible and safe, but in all cases to terminate unless renewed by the expiration date. Each license shall must plainly state the name and business address of the licensee and shall be posted in a conspicuous place in the office where the business is transacted. The fee for each biennial license is $400. When the unexpired license term of an applicant is or will be less than one year at a time of licensure, the license fee shall may not exceed 1/2 the biennial license fee. If the a licensee desires