Violations – Actions Department may take.

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After notice and opportunity for a hearing, if the Administrator of the Department of Consumer Credit finds that a person has violated this act or any administrative rule promulgated pursuant thereto, the Administrator may take the following actions or any combination of such actions:

1. Order the person to cease and desist violating the act or any administrative rule promulgated pursuant thereto;

2. Require the refund of any fees collected by the person in violation of this act; or

3. Order the person to pay to the Department of Consumer Credit a civil penalty of not more than One Thousand Dollars ($1,000.00) for each transaction in violation of this act or for each day that a violation occurs or continues.

Added by Laws 2019, c. 89, § 18, eff. Nov. 1, 2019.


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