§438.7. Reduced damages

            If requested by the secretary or the attorney general, the court may reduce to not less than twice the actual damages or any recovery required to be imposed under the provisions of this Subpart if all of the following extenuating circumstances are found to be applicable:

            (1) The violator furnished all the information known to him about the specific allegation to the secretary or attorney general no later than thirty days after the violator first obtained the information.

            (2) The violator cooperated fully with all federal or state investigations concerning the specific allegation.

            (3) At the time the violator furnished the information concerning the specific allegation to the state, no criminal prosecution, civil action, or administrative action had been commenced as to the alleged violation, and the violator did not have actual knowledge of the existence of an investigation into such a violation.

            Acts 1997, No. 1373, §1; Acts 2011, No. 185, §1; Acts 2025, No. 206, §1.