Sec. 06.60.200. Disciplinary action.

283 words·~1 min read·/ak/title-6/chapter-60/06-60-200

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(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 .