Current through the 2024 Fourth Special Session
Section 7-24-301 - Enforcement by department - Rulemaking(1) Subject to the requirements of Title 63G, Chapter 4, Administrative Procedures Act, the department may: (a) receive and act on complaints;(b) take action designed to obtain voluntary compliance with this chapter; or(c) commence administrative or judicial proceedings on its own initiative to enforce compliance with this chapter.(2) The department may: (a) counsel persons and groups on their rights and duties under this chapter;(b) make rules to: (i) restrict or prohibit lending or servicing practices that are misleading, unfair, or abusive;(ii) promote or assure fair and full disclosure of the terms and conditions of agreements and communications between title lenders and customers; or(iii) promote or assure uniform application of or to resolve ambiguities in applicable state or federal laws or federal regulations; and(c) employ hearing examiners, clerks, and other employees and agents as necessary to perform the department's duties under this chapter.Amended by Chapter 382, 2008 General Session.