31A-22-1806. Penalties.

144 words·~1 min read·/ut/title-31a/chapter-22/31a-22-1806

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Notwithstanding Section 31A-2-308 , if a vendor or the vendor's employee or authorized representative violate this part, the commissioner may do any of the following in accordance with Title 63G, Chapter 4, Administrative Procedures Act :

(1)impose a fine not to exceed:

(i)$2,500 per violation by a licensed individual; or

(ii)$5,000 per violation by an entity; or

(b)$40,000 in the aggregate for the conduct; or

(2)impose other penalties that the commissioner considers necessary and reasonable to carry out the purpose of this part, including:

(a)suspending or revoking the privilege of transacting portable electronics insurance pursuant to this part at a specific location where violations have occurred; and

(b)suspending or revoking the ability of individual employees or authorized representatives to act under the vendor's limited lines license.

Enacted by Chapter 151 , 2012 General Session