Contracts with debt collection firms for collection of delinquent obligations owed to a System Member: (a) must track the TAMUS Collection of Accounts Contract Template; (b) must be approved by the Office of General Counsel pursuant to its delegation under System Regulation 25.07; and (c) must be approved by the Texas Office of the Attorney General in accordance with § 2107.003(b)(2), Texas Government Code and 1 Texas Administrative Code § 59.
SUBMISSION FOR REVIEW & REQUIREMENTS
All Collection of Accounts contracts and renewals must be submitted electronically to the Office of General Counsel at email@example.com.
All Collection of Accounts contracts, extensions and renewals shall be submitted after execution by the System Member. The contracts and renewals will be submitted to the Texas Office of the Attorney General for written approval. After approval by the Texas Office of the Attorney General, the Collection of Accounts contract or renewal will be returned to the System Member to be executed by the Collection Agency. System Members must return a fully executed copy to the Office of General Counsel at firstname.lastname@example.org.
The Collection Agency should not execute any Collection of Accounts contracts, extensions or renewals prior to Texas Office of Attorney General’s approval.
Any existing arrangements must receive the written approval of the Attorney General to be renewed or extended in any fashion.
INFORMATION & IMPORTANT LINKS
TAMUS Collection of Accounts Contract Template
TAMUS Collection of Accounts Renewal Template
System Regulation 25.07 Contract Administration
Texas Government Code § 2107.003(b)(2)
1 Texas Administrative § 59