502A.12 - ENFORCEMENT OF CHAPTER.

        502A.12  ENFORCEMENT OF CHAPTER.         1.  If the administrator believes, whether or not based upon an      investigation conducted under section 502A.11, that a person has      engaged or is about to engage in an act or practice constituting a      violation of this chapter or a rule or order issued under this      chapter, the administrator may do any or all of the following:         a.  Issue a cease and desist order.         b.  Issue an order imposing a civil penalty in amount which      may not exceed ten thousand dollars for a single violation or one      hundred thousand dollars for multiple violations in a single      proceeding or a series of related proceedings.         c.  Initiate any of the actions specified in subsection 2.         2.  The administrator may institute any or all of the following      actions in the appropriate courts of this state, or in the      appropriate courts of another state, in addition to any legal or      equitable remedies otherwise available:         a.  A declaratory judgment.         b.  An action for a prohibitory or mandatory injunction to      enjoin the violation and to ensure compliance with this chapter or a      rule or order of the administrator.         c.  An action for disgorgement.         d.  An action for appointment of a receiver or conservator for      the defendant or the defendant's assets.         e.  An action for restitution.  
         Section History: Rnt Form
         90 Acts, ch 1169, §11