Section 06.60.200. Disciplinary action.

   (a) In addition to other disciplinary action allowed under this chapter or under AS 06.01, the department may deny, suspend, revoke, condition, or decline to renew a license or take other disciplinary action against a person subject to this chapter, including action under a regulation adopted under this chapter, if the department finds that the person
        (1) fails to comply with an applicable provision of this title, an applicable regulation adopted under this title, a lawful demand, ruling, order, or requirement of the department, or other state or federal statute or regulation applicable to the conduct of the licensee's business;
        (2) fails to meet the minimum standards for issuance or renewal of a license; or
        (3) knowingly withholds material information or negligently makes a material misstatement in an application for or renewal of a license.
   (b) The department may
        (1) order a person subject to this chapter to cease and desist from conducting business, including an immediate temporary order to cease and desist;
        (2) order a person subject to this chapter to cease and desist from violating this chapter, including an immediate temporary order to cease and desist;
        (3) impose a fine on a person subject to this chapter under AS 06.60.420;
        (4) issue an order of rescission, restitution, or disgorgement directed to a person subject to this chapter for a violation of this chapter;
        (5) order other affirmative action that the department considers necessary, including an accounting, an asset freeze, or the appointment of a receiver.
   (c) A disciplinary action under this section may be taken by itself or in conjunction with one or more other disciplinary actions under this chapter or under AS 06.01.

Authorities

6.60.660

Notes

References

AS 6.60.660 .660">Sec. 06.60.660. Postponement.

History

(Sec. 2 ch 50 SLA 2007; am Sec. 37 ch 61 SLA 2010)