Iowa Code § 557B.6 Denial, Suspension, Or Revocation of Application Or Registration - Penalties

• Library: Iowa Statutes
• Edition: 2023
• Currency: Current through bills signed by governor as of 7/14/23
• Year: 2023
• Citation: Iowa Code § 557B.6

The attorney general may by order deny, suspend, or revoke a membership camping operator's application or registration or impose a penalty of not more than five thousand dollars or a combination of suspension or revocation and penalty, if the attorney general finds that the order is for the protection of prospective purchasers or purchasers of membership camping contracts and that one of the following applies:

1. The membership camping operator's advertising or sales techniques or trade practices have been or are deceptive, false, or misleading.

2. The membership camping operator is not financially responsible or has insufficient capital to warrant its offering or selling membership camping contracts in this state. The attorney general may require a surety bond or, if one is unobtainable, other evidence of financial assurances satisfactory to the attorney general.

3. The membership camping operator's application for registration or an amendment to the registration is incomplete in a material respect.

4. The membership camping operator has failed to file timely amendments to the application for registration as required by section 557B.3.

5. The membership camping operator has failed to comply with any provision of this chapter that materially affects the rights of purchasers, prospective purchasers, or owners of membership camping contracts.

6. The membership camping operator has made a false or misleading representation or concealed material facts in any document or information filed with the attorney general.