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RSA 415-C:10 · Penalties

Title
XXXVII: INSURANCE
Chapter
415-C · CONSUMER GUARANTY CONTRACTS
Status
current
Official source linked
Yes
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415-C:10 Penalties. – The commissioner, after proper notice and opportunity for hearing, may take action to enforce the provisions of this chapter, or rules adopted pursuant to this chapter, and may:

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I.

Revoke or suspend the obligor's registration.

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II.

Order the obligor to cease and desist from further consumer guaranty contract operations.

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III.

Impose a penalty of not more than $1000 for each violation or $10,000 for each violation the commissioner finds to be willful.

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IV.

Order the obligor to make restitution. Source. 2004, 224:1, eff. Jan. 1, 2005.

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Source note

Source. 2004, 224:1, eff. Jan. 1, 2005.

Source history

  • 2004, 224:1, eff. Jan. 1, 2005