A. The director may make any public or private investigation, within or outside of this state, as the director finds necessary to determine whether a person has violated or is about to violate the Mortgage Loan Company Act or any rule or order of the director under that act or to aid in enforcement of that act or in the rules under that act.
B. The director may publish information concerning a violation of the Mortgage Loan Company Act or a rule or order of the director under that act or concerning mortgage loan activities of persons that may operate as a fraud or deceit.
History: Laws 1983, ch. 86, § 15; 2001, ch. 251, § 10; 2001, ch. 264, § 10; 2009, ch. 122, § 38.
ANNOTATIONSThe 2009 amendment, effective July 31, 2009, changed the name of the act from the "Mortgage Loan Company and Loan Broker Act" to the "Mortgage Loan Company Act".
Severability. — Laws 2009, ch. 122, § 60 provided that if any part or application of this act is held invalid, the remainder or its application to other situations or persons shall not be affected.
The 2001 amendment, effective July 1, 2001, deleted "injunctions" from the section heading; rewrote Subsection A; deleted Subsection B, which gave the director power to investigate a mortgage loan company or loan broker and, if seeing that they are in violation of the Mortgage Loan Company and Loan Broker Act, to begin criminal proceedings, to give a cease and desist order or apply to any district court having venue to enjoin the act or practice and to enforce compliance; and added present Subsection B.