10 §1399. Civil liability
Title 10: COMMERCE AND TRADE
Part 3: REGULATION OF TRADE
Chapter 212-C: REGULATION OF EXCHANGE FACILITATORS
§1399. Civil liability
1. Claim on bonds, deposits or letters of credit. The administrator may file a claim on behalf of any client or clients on the bonds, deposits or letters of credit described in section 1397, subsection 1 to recover the damages as a result of financial loss or damages by reason of the failure of an exchange facilitator to comply with this chapter.
[ 2009, c. 61, §1 (NEW) .]
2. Civil action. A person may bring a civil action in a court of competent jurisdiction against an exchange facilitator for any violation of this chapter.
[ 2009, c. 61, §1 (NEW) .]
SECTION HISTORY
2009, c. 61, §1 (NEW).