Idaho Statutes

§ 26-2729 — VIOLATION OF CHAPTER — CIVIL PENALTIES

Idaho·Title 26 BANKS AND BANKING·Ch. 27 BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS
(1)If, after notice and the opportunity for a hearing, the director finds that a person has violated the provisions of this chapter, he may order that person to pay to the director a civil penalty in the amount the director specifies. However, the amount of the civil penalty shall not exceed one thousand dollars ($1,000) for each violation, or in the case of a continuing violation, one thousand dollars ($1,000) for each day during which the violation continues. Money collected for a civil penalty under this section shall be deposited into the finance administrative account pursuant to section 67-2702, Idaho Code.
(2)The provisions of this section do not apply to any act committed or omitted in good faith in conformity with an order, rule, declaratory ruling, or written interpretative opi

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Legislative History

[26-2729, added 1989, ch. 252, sec. 1, p. 623; am. 2002, ch. 145, sec. 13, p. 418.]

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