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Current as of January 01, 2024 | Updated by Findlaw Staff
1. The district court of Burleigh County, in an action brought by a licensee, has jurisdiction to grant appropriate equitable or legal relief, including without limitation prohibiting the authorized delegate from directly or indirectly acting as an authorized delegate for any licensee in this state and the payment of restitution, damages, or other monetary relief, if the district court of Burleigh County finds that an authorized delegate failed to remit money in accordance with the written contract required by subsection 2 of section 13-09.1-24 or as otherwise directed by the licensee or required by law.
2. If the district court of Burleigh County issues an order prohibiting a person from acting as an authorized delegate for any licensee pursuant to subsection 1 of section 13-09.1-24, the licensee that brought the action shall report the order to the commissioner within thirty days and shall report the order through the nationwide system within ninety days.
3. An authorized delegate who holds money in trust for the benefit of a licensee and knowingly fails to remit such money is guilty of a class C felony.
Cite this article: FindLaw.com - North Dakota Century Code Title 13. Debtor and Creditor Relationship § 13-09.1-26. Prohibited authorized new delegates--Penalty - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-13-debtor-and-creditor-relationship/nd-cent-code-sect-13-09-1-26/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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