New Jersey § 45:18-1

§ 45:18-1.

No person shall conduct a collection agency, collection bureau or collection office

in this state, or engage therein in the business of collecting or receiving payment

for others of any account, bill or other indebtedness, or engage therein in the business

of soliciting the right to collect or receive payment for another of any account,

bill or other indebtedness, or advertise for or solicit in print the right to collect

or receive payment for another of any account, bill or other indebtedness, unless

such person, or the person for whom he may be acting as agent has on file with the

secretary of state sufficient bond as hereinafter specified.