Civil Penalties

4 CMC § 60165 — under Other Finance Companies.

4 CMC § 60165

TITLE 4: ECONOMIC RESOURCES

DIVISION 6: BANKING AND FINANCIAL INSTITUTIONS

§ 60165. Civil Penalties. (1) The secretary may assess any person who violates any material provision of any final order of the secretary under this chapter, a civil penalty in an amount determined by the secretary of not more than $10,000 per violation. (2) Civil penalties under this section may be imposed only after a hearing under the Administrative Procedure Act, 1 CMC § 9101 et seq. (3) All moneys collected under this section shall be paid to the Treasurer of the Commonwealth. Source: PL 12-36, § 1(6980).