Kansas Statutes

§ 9-595 — Enforcement powers of the commissioner under a summary or consent order; informal agreements; confidentiality; fines

Kansas·Ch. 9 BANKS AND BANKING; TRUST COMPANIES·Art. 5 MISCELLANEOUS PROVISIONS
(a)As part of any summary order or consent order, the commissioner may:
(1)Assess a fine against any person who violates this act or any rules and regulations adopted hereunder in an amount not to exceed $5,000 per violation. The commissioner may designate any fine collected pursuant to this section be used for consumer education;
(2)assess the agency's operating costs and expenses for investigating and enforcing this act;
(3)require the person to pay restitution for any loss arising from the violation or requiring the person to reimburse any profits arising from the violation;
(4)prohibit the person from future application for licensure pursuant to the act; and
(5)require such affirmative action as determined by the commissioner to carry out the purposes of this act.
(b)(1) The com

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Related

§ 77-501
Kansas § 77-501
§ 77-601
Kansas § 77-601
§ 45-215
Kansas § 45-215
§ 45-229
Kansas § 45-229

Legislative History

L. 2024, ch. 64, § 41; July 1.

Nearby Sections

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