515E.11 Penalties.
38 words·~1 min read·
/ia/chapter-515e-risk-retention-groups-and-purchasing-groups/515e-11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A risk retention group which violates a provision of this chapter is subject to fines and penalties applicable to licensed insurers generally, including revocation of the group’s license and of the right to do business in this state.