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Code · Pennsylvania · Title 40 — INSURANCE · Chapter 45

§ 4522. Penalties.

164 words·~1 min read·/pa/title-40/chapter-45/4522

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§ 4522. Penalties.
Upon the determination, after notice and hearing, that this chapter has been violated, the commissioner may impose the following penalties:
(1)Suspension or revocation of the licensee's license, authorization to operate or registration.
(2)Refusal to issue or renew a license, authorization to operate or registration.
(3)A cease and desist order.
(4)For each violation of this chapter that a licensee knew or reasonably should have known was a violation, a penalty of not more than $5,000, not to exceed an aggregate penalty of $100,000 in a single calendar year.
(5)For each violation of this chapter that a licensee did not know nor reasonably should have known was a violation, a penalty of not more than $1,000, not to exceed an aggregate penalty of $20,000 in a single calendar year.
40c4531h
SUBCHAPTER D
MISCELLANEOUS PROVISIONS
Sec.
4531. Confidentiality.
4532. Exemptions.
4533. Rules and regulations.
4534. Construction with other laws.
4535. Prevention or abrogation of agreements.
4536. Initial compliance.
40c4531s
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