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23-79-305. Violations — Order.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-79-305. Violations — Order.

23-79-305. Violations — Order. (a) Whenever the Insurance Commissioner shall have reason to believe that any person has violated any provision of this subchapter, the commissioner shall issue and serve upon the person a statement of the alleged violations and a notice of hearing as provided by § 23-79-309. (b) If, after a hearing, the commissioner determines that the person has violated a provision of this subchapter, the commissioner shall issue a written order which, in the commissioner's discretion, may do one (1) or more of the following: (1) Revoke the certificate of authority of the insurer or the license of the rate service organization; (2) Suspend the certificate of authority of the insurer or the license of the rate service organization; and (3) Require the payment of a monetary penalty of not more than one thousand dollars ($1,000) for each violation or, if the commissioner has found willful violations, a penalty of not more than ten thousand dollars ($10,000) for each violation.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-79-305

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Record provenance

Stable record: arkansas_code:legal_authorities:23-79-305
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 4f94dda4d674f0397416492c743a56e1115d2684e32defae404520fdd7b015de

Source location: content.xml paragraph 46599

Stored source content

23-79-305. Violations — Order. (a) Whenever the Insurance Commissioner shall have reason to believe that any person has violated any provision of this subchapter, the commissioner shall issue and serve upon the person a statement of the alleged violations and a notice of hearing as provided by § 23-79-309. (b) If, after a hearing, the commissioner determines that the person has violated a provision of this subchapter, the commissioner shall issue a written order which, in the commissioner's discretion, may do one (1) or more of the following: (1) Revoke the certificate of authority of the insurer or the license of the rate service organization; (2) Suspend the certificate of authority of the insurer or the license of the rate service organization; and (3) Require the payment of a monetary penalty of not more than one thousand dollars ($1,000) for each violation or, if the commissioner has found willful violations, a penalty of not more than ten thousand dollars ($10,000) for each violation.

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Arkansas Code — all titles (historical 2020) · legal_authorities

23-79-309. Administrative procedures — Appeals.

23-79-309. Administrative procedures — Appeals. (a) Administrative procedures exercised by the Insurance Commissioner under this subchapter shall be in accordance with §§ 23-61-303 — 23-61-306. (b) Appeals from orders of the commissioner made under this subchapter shall be made in accordance with § 23-61-307.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-79-309

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-79-309. This identifies an authority to review, not proof of applicability.