RSA 402-K:5 · Suspension or Revocation of License

402-K:5 Suspension or Revocation of License. – If a vendor of portable electronics or its employee or authorized representative violates any provision of this chapter, the commissioner may:

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I.

After notice and hearing, impose fines not to exceed $500 per violation or $5,000 in the aggregate for such conduct;

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II.

After notice and hearing, impose other penalties that the commissioner deems necessary and reasonable to carry out the purpose of this article, including:

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(a)

Suspending the privilege of transacting portable electronics insurance pursuant to this section at specific business locations where violations have occurred; and

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(b)

Suspending or revoking the ability of individual employees or authorized representatives to act under the license. Source. 2012, 290:1, eff. Sept. 15, 2012.

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