Section 750IAC9-5-8. Assurance of discontinuance

Latest version.

If it is claimed that a person has engaged in conduct subject to an order by:

(1) the department under section 7(a) of this rule; or

(2) a court under sections 9 through 11 of this rule;

the department may accept an assurance in writing that the person will not engage in the conduct in the future. If a person giving an assurance of discontinuance fails to comply with the terms of the assurance, the assurance is evidence that before the assurance was issued the person engaged in the conduct described in the assurance. (Department of Financial Institutions; 750 IAC 9-5-8; emergency rule filed Jul 23, 2009, 4:14 p.m.: 20090729-IR-750090577ERA; readopted filed Dec 1, 2015, 9:28 a.m.: 20151230-IR-750150336RFA)

                    
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