26-2912. EXTRAORDINARY REPORTING REQUIREMENTS. Within fifteen (15) days of the occurrence of any one (1) of the events listed below, a licensee shall file a written report with the director describing such event:
(1) The filing for bankruptcy or reorganization by the licensee;
(2) The institution of revocation or suspension proceedings against the licensee by any state or government authority with regard to the licensee’s money transmission activities;
(3) Any felony indictment, complaint or information of the licensee or any of its key officers or directors; or
(4) Any felony conviction of the licensee or any of its key officers or directors.
History:
[26-2912, added 1994, ch. 410, sec. 1, p. 1290.]
Structure Idaho Code
Chapter 29 - MONEY TRANSMISSION
Section 26-2901 - SHORT TITLE.
Section 26-2902 - DEFINITIONS.
Section 26-2903 - LICENSE REQUIRED.
Section 26-2905 - LICENSE QUALIFICATIONS.
Section 26-2906 - PERMISSIBLE INVESTMENTS.
Section 26-2907 - LICENSE APPLICATION.
Section 26-2908 - BOND OR OTHER SECURITY DEVICE.
Section 26-2909 - APPLICATION FEE.
Section 26-2910 - ISSUANCE OF LICENSE.
Section 26-2911 - RENEWAL OF LICENSE AND ANNUAL REPORT.
Section 26-2912 - EXTRAORDINARY REPORTING REQUIREMENTS.
Section 26-2913 - CHANGES IN CONTROL OF A LICENSE.
Section 26-2914 - AUTHORITY TO CONDUCT EXAMINATIONS AND INVESTIGATIONS.
Section 26-2915 - MAINTENANCE OF RECORDS.
Section 26-2916 - CONFIDENTIALITY OF DATA SUBMITTED TO THE DIRECTOR.
Section 26-2917 - SUSPENSION OR REVOCATION OF LICENSES.
Section 26-2918 - AUTHORIZED REPRESENTATIVE CONTRACTS.
Section 26-2919 - AUTHORIZED REPRESENTATIVE CONDUCT.
Section 26-2920 - REVOCATION OR SUSPENSION OF AUTHORIZED REPRESENTATIVES.
Section 26-2921 - LICENSEE LIABILITY.
Section 26-2922 - HEARINGS — PROCEDURES.
Section 26-2923 - CIVIL PENALTIES.
Section 26-2924 - ENFORCEMENT.
Section 26-2925 - CRIMINAL PENALTIES.
Section 26-2926 - PROMULGATION OF RULES.
Section 26-2927 - SEVERABILITY.
Section 26-2928 - APPOINTMENT OF DIRECTOR AS AGENT FOR SERVICE OF PROCESS.