Section 19-14-25. – Transactions and place of business limited by license — Remote locations.
§ 19-14-25. Transactions and place of business limited by license — Remote locations. (a) No licensee shall transact the business provided for by this chapter under any other name or at any other place of business than that named in the license or branch certificate, unless that place is for the exclusive convenience of the […]
Section 19-14-26. – Penalty for violations.
§ 19-14-26. Penalty for violations. (a) If a person other than a licensee engages in activity for which licensure is required by this title with or on behalf of a resident in violation of this chapter, the department may assess a civil penalty against the person in an amount not to exceed five thousand dollars […]
Section 19-14-26.1. – Additional penalties.
§ 19-14-26.1. Additional penalties. (a) Any person who makes or brokers a loan not invalid for any other reason who knowingly violates § 19-14-2 shall, in the discretion of the court, forfeit and have no right to collect or receive any interest, fees, or charges whatsoever. (b) In the case of any unlicensed transaction involving […]
Section 19-14-27. – Modification or repeal of chapter.
§ 19-14-27. Modification or repeal of chapter. This chapter, or any part of this chapter, may be modified, amended, or repealed so as to effect a cancellation or alteration of any license or right of a licensee hereunder, provided that the cancellation or alteration shall not impair or affect the obligation of any pre-existing lawful […]
Section 19-14-28. – Appeal from director.
§ 19-14-28. Appeal from director. Any applicant or licensee aggrieved by an action of the director, or the director’s designee, in denying an application for a license or in revoking or suspending a license, or by any order or decision of the director, or the director’s designee, shall have the right to appeal the action, […]
Section 19-14-29. – Appropriations — Fees.
§ 19-14-29. Appropriations — Fees. The general assembly shall annually appropriate any sums it may deem sufficient for clerical assistance and necessary expenses in carrying out the provisions of this chapter. The state controller is authorized and directed to draw orders upon the general treasurer for the payment of the sums appropriated, or so much […]
Section 19-14-30. – Rules and regulations.
§ 19-14-30. Rules and regulations. The director, or the director’s designee, may adopt reasonable rules and regulations for the implementation and administration of the provisions of this chapter. The director, or the director’s designee, shall adopt and amend reasonable rules and regulations, not later than March 31, 2008, as may be necessary to effectuate and […]
Section 19-14-31. – Pre-existing contracts.
§ 19-14-31. Pre-existing contracts. Nothing contained in this chapter shall be construed to impair or affect the obligation of any contract or loan lawfully entered into prior to July 1, 1995. History of Section.P.L. 1995, ch. 82, § 52.
Section 19-14-32. – Severability.
§ 19-14-32. Severability. If any provision of this chapter or the application of this chapter to any person or circumstances is held invalid or unconstitutional, the invalidity or unconstitutionality shall not affect other provisions or applications of this chapter that can be given effect without the invalid or unconstitutional provision or application, and to this […]
Section 19-14-33. – Compliance with federal law governing licensed activities.
§ 19-14-33. Compliance with federal law governing licensed activities. (a) Each licensee shall comply with all applicable federal laws, rules, and regulations, as amended, governing activities conducted under its license. (b) Each licensee shall exercise due diligence in accordance with the rules and regulations promulgated pursuant to § 19-14-30 in confirming its compliance with applicable […]