2014 Iowa Code
TITLE XIII - COMMERCE
SUBTITLE 2 - FINANCIAL INSTITUTIONS
CHAPTER 533A - DEBT MANAGEMENT
SECTION 533A.16 - Violations — injunctions — civil penalties.

533A.16  Violations — injunctions — civil penalties.

1.  If the superintendent believes that a person has engaged in, or is about to engage in, an act or practice that constitutes or will constitute a violation of this chapter, the superintendent may apply to the district court for an order enjoining such act or practice.  Upon a showing by the superintendent that such person has engaged, or is about to engage, in any such act or practice, the district court shall grant an injunction.

2.  The superintendent may investigate or initiate complaints against persons who are not licensed under this chapter to determine whether the person is violating this chapter.

3.  In addition to or as an alternative to applying to the district court for an injunction, the superintendent may issue an order to a person who is not licensed under this chapter to require compliance with this chapter, may impose a civil penalty against such person for any violation of this chapter in an amount up to five thousand dollars for each violation, and may order the person to pay restitution.

4.  Before issuing an order under this section, the superintendent shall provide the person written notice and the opportunity to request a hearing.  The hearing must be requested within thirty days after receipt of the notice and shall be conducted in the same manner as provided for in disciplinary proceedings involving a licensee under this chapter.

5.  A person aggrieved by the imposition of a civil penalty under this section may seek judicial review pursuant to section 17A.19.

6.  An action to enforce an order under this section may be joined with an action for an injunction.

2008 Acts, ch 1160, §11