Section 32-6C-14.4 - Order to pay fine or suspend or revoke license upon failure to comply with cease anddesist order--Deposit of monetary penalties.
32-6C-14.4. Order to pay fine or suspend or revoke license upon failure to comply with cease and desist order--Deposit of monetary penalties. If a dealer fails to comply with a cease and desist order issued pursuant to § 32-6C-14.1, the secretary may issue an order which:
(1) Imposes a monetary penalty on the dealer of five hundred dollars for each violation of the cease and desist order;
(2) Suspends dealer's license for not more than thirty days; or
(3) Revokes the dealer's license.
All monetary penalties collected pursuant to this section shall be deposited into the state motor vehicle fund.
Source: SL 2005, ch 162, § 14.