7-23-504. Penalties.
(1) A person who violates this chapter or who files materially false information with a registration or renewal under Sectionis: 7-23-201 guilty of a class B misdemeanor, except for a violation of: Subsection,, or; or 7-23-401(1)(f)(i) (ii) (iii) rules made under Subsection; and 7-23-501(2)(b) subject to revocation of a person's registration under this chapter.
(2) Subject to, if the department determines that a person is engaging in the business of cashing checks or the business of deferred deposit lending in violation of this chapter, the department may: Title 63G, Chapter 4, Administrative Procedures Act revoke that person's registration under this chapter; issue a cease and desist order from committing any further violations; prohibit the person from continuing to engage in the business of: cashing checks; or deferred deposit lending; impose an administrative fine not to exceed $1,000 per violation, except that: a fine imposed under Subsectionshall comply with Subsection; and 7-23-201(4) 7-23-201(4) the aggregate total of fines imposed under this chapter against a person in a calendar year may not exceed $30,000 for that calendar year; or take any combination of actions listed under this Subsection. (2)