Amends GS 58-70-15 to expand the list of persons or entities not subject to the collection agency statutes to include a person, firm, corporation, or association attempting to collect or collecting a debt owed or asserted to be owed or due to another if the collection activity meets one or more of the following criteria: (1) is incidental to a bona fide escrow arrangement, (2) concerns a debt that was originated by such person, (3) concerns a debt that was not in default at the time it was obtained by such person, or (4) concerns a debt obtained by such person as a secured party in a commercial credit transaction. Effective July 1, 2011.