§ 3908. Penalties.
52 words·~1 min read·
/pa/title-40/chapter-39/3908A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 3908. Penalties.
An insurer or insurance group that fails to timely file a CGAD as required under this chapter or by regulation shall be required, after notice and hearing, to pay a penalty of $200 for each day's delay. The maximum penalty under this section shall be $25,000 per year.
40c3909s