Iowa § 502A.12 Enforcement of chapter

Iowa Statutes

§ 502A.12 — Enforcement of chapter

Iowa § 502A.12

Title XIIBUSINESS ENTITIES

Ch. 502ACOMMODITIES CODE

This text of Iowa § 502A.12 (Enforcement of chapter) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 502A.12 (2026).

Text

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 s

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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. Anactionforaprohibitoryormandatoryinjunctiontoenjointheviolationandtoensure
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.