§443B-4.57 - Fine, revocation, suspension, termination, denial of registration, renewal of registration, or restoration of registration.
§443B-4.57 Fine, revocation, suspension,
termination, denial of registration, renewal of registration, or restoration of
registration. In addition to any other actions authorized by law, the director
may fine any agency, revoke or terminate any registration, suspend the right of
the registrant to use the registration, or refuse to renew or restore a
registration for any cause authorized by law, including but not limited to the
following:
(1) Dishonesty, deceit, fraud, or gross negligence in
conducting business as a collection agency;
(2) Advertising by means of false and deceptive
statements or by statements which tend to deceive or defraud;
(3) Advertising or acting as a collection agency
without a current and active certificate of registration issued under this
chapter;
(4) Violation of any provision of this chapter or the
rules adopted pursuant thereto;
(5) Commingling of clients' funds or other property;
(6) Breach of fiduciary duty;
(7) Failure to notify the director in writing of any
material change in information; and
(8) Providing false or misleading information at the
time of application or during the time of registration. [L 1990, c 246, pt of
§1; am L 1992, c 202, §60]