MN SF1806

Adds the term "exempt attorney at law" to Minnesota Statutes sections 332A.02 and 332B.02 to clarify which attorneys are exempted from debt management and debt settlement services provider regulations.

Defines an exempt attorney at law as one who is licensed to practice law in Minnesota, has no business relationship involving debt services with providers, and provides these services only as ancillary to their primary practice.

Modifies the definition of "debt management services provider" to explicitly reference exempt attorneys in the list of excluded professions and entities.

Modifies the definition of "debt settlement services provider" to explicitly exclude exempt attorneys from regulation under the debt settlement services rules.

Ensures attorneys providing debt management or settlement services independently and incidentally to their legal practice are not subject to licensing and regulatory requirements for debt services providers.