Montana § 32-7-124 Hearings -- Penalties

Montana Statutes

§ 32-7-124 — Hearings -- Penalties

Montana·Title 32 FINANCIAL INSTITUTIONS·Ch. 7 ESCROW BUSINESSES·Part 1 Regulation of Escrow Businesses

32-7-124 . Hearings -- penalties.

(1)The department may impose a civil penalty not to exceed $1,000 for each violation if the department finds, after providing a 14-day written notice of alleged violations and opportunity for administrative hearing, that any person, any licensee, or any officer, agent, employee, or representative of the person or licensee, whether licensed or unlicensed, has:

(a)violated any of the provisions of this part;

(b)failed to comply with the rules or orders promulgated by the department;

(c)failed or refused to make required reports to the department;

(d)furnished false information to the department; or

(e)operated without a required license.

(2)The department may issue an order requiring restitution to parties and reimbursement of the department's costs o

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32-7-124 . Hearings -- penalties. (1) The department may impose a civil penalty not to exceed $1,000 for each violation if the department finds, after providing a 14-day written notice of alleged violations and opportunity for administrative hearing, that any person, any licensee, or any officer, agent, employee, or representative of the person or licensee, whether licensed or unlicensed, has:
(a) violated any of the provisions of this part;
(b) failed to comply with the rules or orders promulgated by the department;
(c) failed or refused to make required reports to the department;
(d) furnished false information to the department; or
(e) operated without a required license.
(2) The department may issue an order requiring restitution to parties and reimbursement of the department's costs of bringing an administrative action. In addition, the department may issue an order revoking, conditioning, or suspending the right of the licensee, directly or through another, to engage in escrow business activities in this state.
(3) All hearing schedules and orders must be mailed to the person or licensee by certified mail to the address for which the license was issued or, in the case of an unlicensed business, to the last-known address of record.
(4) For purposes of this part, the department is considered to have complied with the requirements of law concerning service of process by sending by common courier with tracking capability any notice required under this part, postage prepaid and addressed to:
(a) the last-known address of the licensee's registered agent for service of process on file with the department;
(b) the last-known address of the licensee on file with the department for an in-state licensee; or
(c) the last-known address of an unlicensed person.
(5) In a judicial action, suit, or proceeding arising under this part or any administrative rule adopted pursuant to this part between the department and a licensee who does not maintain a physical office in this state, venue is in the district court of Lewis and Clark County.
(6) The provisions of the Montana Administrative Procedure Act, Title 2, chapter 4, part 6, apply to a contested case brought under this part.

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