RSA 399-D:16 Provisions Applicable to Debt Settlement Plans Under This Chapter.

I. A licensee shall not be entitled to any fee until the contract has been in effect for at least 30 days, and thereafter, the monthly amortized fee may be charged at 30-day intervals for the term of contract, except in the event of prepayment or cancellation thereof.
II. The licensee's fees shall be based on the total indebtedness as stated in the contract and shall not exceed 15 percent.
III. The licensee shall remit funds to creditors, less the licensee's prorated fees within 10 calendar days of receipt of a negotiated settlement.
IV. The licensee shall provide the debtor with a written statement of the debtor's account:
(a) Every 90 days;
(b) Upon the debtor's verbal request at any time during the contract term; and
(c) At the termination or c