Enforcement

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RS 1392 - Enforcement

For purposes of this Chapter, "enforcement measure" means an action to do any of the following:

(1) Suspend or revoke a license or a registration pursuant to the provisions of this Chapter.

(2) Order a person to cease and desist from doing virtual currency business activity with, or on behalf of, a resident.

(3) Request the court to appoint a receiver for the assets of a person doing virtual currency business activity with, or on behalf of, a resident.

(4) Request the court to issue temporary, preliminary, or permanent injunctive relief against a person doing virtual currency business activity with, or on behalf of, a resident.

(5) Assess penalties.

(6) Recover on the security provided pursuant to R.S. 6:1386 and initiate a plan to distribute the proceeds for the benefit of a resident injured by a violation of any provision of this Chapter, or law of this state other than this Chapter, which applies to virtual currency business activity with, or on behalf of, a resident.

(7) Impose necessary or appropriate conditions on the conduct of virtual currency business activity with, or on behalf of, a resident.

Acts 2020, No. 341, §1.


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