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Home » US Law » 2022 Idaho Code » Title 28 - COMMERCIAL TRANSACTIONS » Chapter 46 - ADMINISTRATION » Part 3 - REGULATED LENDERS — LICENSING AND RELATED PROVISIONS

Section 28-46-301 – AUTHORITY TO MAKE REGULATED CONSUMER LOANS — EXEMPTION FROM LICENSING.

28-46-301. AUTHORITY TO MAKE REGULATED CONSUMER LOANS — EXEMPTION FROM LICENSING. (1) The administrator shall receive and act on all applications for licenses to make regulated consumer loans under this act. Applications shall be filed in the manner prescribed by the administrator and shall contain such information as the administrator may reasonably require. Unless a […]

Section 28-46-302 – LICENSE TO MAKE REGULATED CONSUMER LOANS.

28-46-302. LICENSE TO MAKE REGULATED CONSUMER LOANS. (1) The administrator shall receive and act on all applications for a license to do business as a regulated lender. Applications shall be filed in the manner prescribed by the administrator, shall contain such information as the administrator may reasonably require, shall be updated as necessary to keep […]

Section 28-46-303 – REVOCATION OR SUSPENSION OF LICENSE.

28-46-303. REVOCATION OR SUSPENSION OF LICENSE. (1) The administrator may issue to a person licensed to make regulated consumer loans an order to show cause why his license should not be revoked or suspended for a period not in excess of six (6) months. The order shall state the place for a hearing and set […]

Section 28-46-304 – RECORDS — ANNUAL REPORTS.

28-46-304. RECORDS — ANNUAL REPORTS. (1) Every regulated lender shall maintain records in conformity with generally accepted accounting principles and practices in a manner that will enable the administrator to determine whether the regulated lender is complying with the provisions of this act. The recordkeeping system of a regulated lender shall be sufficient if he […]

Section 28-46-305 – EXAMINATIONS AND INVESTIGATIONS.

28-46-305. EXAMINATIONS AND INVESTIGATIONS. (1) The administrator may examine periodically at intervals he deems appropriate, the loans and business records of every regulated lender. In addition, for the purpose of discovering violations of this act or securing information lawfully required, the administrator may at any time investigate the loans, business, and records of any regulated […]

Section 28-46-306 – APPLICATION OF ADMINISTRATIVE PROCEDURE ACT TO PART.

28-46-306. APPLICATION OF ADMINISTRATIVE PROCEDURE ACT TO PART. Except as otherwise provided, the state Administrative Procedure Act, chapter 52, title 67, Idaho Code, applies to and governs all administrative action taken by the administrator pursuant to this part. History: [28-46-306, added 1983, ch. 119, sec. 3, p. 310.]