69-519. LICENSE DENIAL. (1) Any person against whose commodity dealer bond a claim has been ordered collected or has actually been collected shall not be licensed by the department for a period of three (3) years from the date of such order or collection. License denial may be waived if the person can show to the satisfaction of the director that full settlement of all claims against the bond has been made. A change in a person’s business name shall not absolve any unsettled claim against that person’s prior bond.
(2) The director shall, after a public hearing, have the right to deny or refuse to issue a license or renewal thereof to an applicant when it is determined that public interest is best served by that denial or refusal.
(3) Upon refusal or denial of a license pursuant to subsection (2) of this section, an applicant may reapply for a license or renewal after a period of ninety (90) days at which time a new hearing will be held to review the application.
(4) The applicant shall have the right of appeal on any decision to refuse or deny a license under subsection (2) of this section to a court of competent jurisdiction.
History:
[69-519, added 1982, ch. 94, sec. 2, p. 184; am. 1983, ch. 116, sec. 11, p. 256.]
Structure Idaho Code
Chapter 5 - COMMODITY DEALER LAW
Section 69-503 - LICENSE REQUIREMENTS — FINANCIAL RESPONSIBILITY.
Section 69-504 - LICENSE ISSUANCE — RENEWAL — EXPIRATION.
Section 69-507 - SUSPENSION OR REVOCATION OF A LICENSE.
Section 69-508 - LICENSE FEES.
Section 69-509 - POSTING OF LICENSE.
Section 69-510 - PAYMENT OF PURCHASE PRICE.
Section 69-511 - INSPECTION OF PREMISES, BOOKS AND RECORDS — AUTHORIZATION TO COPY.
Section 69-514 - CREDIT-SALE CONTRACTS.
Section 69-515 - CONFIDENTIAL AND PROTECTED RECORDS.
Section 69-516 - STANDARDIZATION OF RECORDS AND DOCUMENTS.
Section 69-517 - DIRECTOR’S AUTHORITY.
Section 69-518 - APPEALS FROM DECISION OF DIRECTOR.
Section 69-519 - LICENSE DENIAL.
Section 69-520 - DRAWING CHECKS INSUFFICIENTLY COVERED A VIOLATION.
Section 69-521 - FINANCIAL STATEMENTS.
Section 69-523 - PUBLICATION OF REPORTS.
Section 69-525 - DUTY TO PROSECUTE.
Section 69-526 - COOPERATION WITH GOVERNMENTAL AGENCIES AND PRIVATE ASSOCIATIONS.