Section 376.2011

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 376

Effective - 12 Jul 2013, see footnote   

  376.2011.  Violations, administrative orders, civil actions — penalty. — 1.  If the director determines that a person has engaged, is engaging, or has taken a substantial step toward engaging in an act, practice, omission, or course of business constituting a violation of sections 376.2000 to 376.2014 or a rule adopted or order issued pursuant thereto, or a person has materially aided or is materially aiding an act, practice, omission, or course of business constituting a violation in sections 376.2000 to 376.2014 or a rule adopted or order issued pursuant thereto, the director may issue such administrative orders as authorized under section 374.046.

  2.  If the director believes that a person has engaged, is engaging, or has taken a substantial step toward engaging in an act, practice, omission, or course of business constituting a violation of sections 376.2000 to 376.2014 or a rule adopted or order issued pursuant thereto, or that a person has materially aided or is materially aiding an act, practice, omission, or course of business constituting a violation in sections 376.2000 to 376.2014 or a rule adopted or order issued pursuant thereto, the director may maintain a civil action for relief authorized under section 374.048.

  3.  A violation of sections 376.2000 to 376.2014 is a level two violation under section 374.049.

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(L. 2013 S.B. 262)

Effective 7-12-13