Section 58-32-802 – Suspension and revocation of authorized delegates.
A. The director may issue an order suspending or revoking the designation of an authorized delegate if the director finds that: (1) the authorized delegate violated the Uniform Money Services Act or a rule adopted or an order issued pursuant to that act; (2) the authorized delegate did not cooperate with an examination or investigation […]
Section 58-32-803 – Orders to cease and desist.
A. If the director determines that a violation of the Uniform Money Services Act, or of a rule adopted or an order issued pursuant to that act, by a licensee or authorized delegate is likely to cause immediate and irreparable harm to the licensee, its customers or the public as a result of the violation, […]
Section 58-32-804 – Consent orders.
The director may enter into a consent order at any time with a person to resolve a matter arising pursuant to the Uniform Money Services Act or a rule adopted or order issued pursuant to that act. A consent order shall be signed by the person to whom it is issued or by the person’s […]
Section 58-32-805 – Emergency orders.
A. The director may issue an emergency order, without prior notice and an opportunity for hearing, if the director finds that: (1) the action, violation or condition that is the basis for the order: (a) has caused or is likely to cause the insolvency of the licensee; (b) has caused or is likely to cause […]
Section 58-32-806 – Civil penalties.
The director may assess a civil penalty against a person that violates the Uniform Money Services Act or a rule adopted or an order issued pursuant to that act in an amount not to exceed one thousand dollars ($1,000) per day for each day the violation is outstanding. History: Laws 2016, ch. 88, § 806. […]
Section 58-32-807 – Criminal penalties.
A. A person who intentionally makes a false statement, misrepresentation or false certification in a record filed or required to be maintained pursuant to the Uniform Money Services Act or who intentionally makes a false entry or omits a material entry in such a record is guilty of a fourth degree felony. B. A person […]
Section 58-32-601 – Authority to conduct examinations.
A. The director may conduct an annual examination of a licensee or of any of its authorized delegates upon forty-five days’ notice in a record to the licensee. B. The director may examine a licensee or its authorized delegate at any time, without notice, if the director has reason to believe that the licensee or […]
Section 58-32-602 – Cooperation.
The director may consult and cooperate with other state agencies, agencies of another state or of the United States or the nationwide multistate licensing system and registry in enforcing and administering the Uniform Money Services Act. They may jointly pursue examinations and take other official action that they are otherwise empowered to take. History: Laws […]
Section 58-32-603 – Reports.
A. A licensee shall file with the director a record signed under penalty of perjury that shall be in a form and in a medium prescribed by the director and that shall contain any material change in information provided in the licensee’s application or the information provided by the licensee to the nationwide multistate licensing […]
Section 58-32-604 – Change of control.
A. A licensee shall: (1) give the director notice in a record signed under penalty of perjury in a form and in a medium prescribed by the director of a proposed change of control within fifteen days after learning of the proposed change of control; (2) request approval by the director of the proposed change […]