A person who violates any provision of the Portable Electronics Insurance Act may, after notice and hearing, be subject to:
- A. fines not to exceed one thousand dollars ($1,000) per violation and not to exceed a total of ten thousand dollars ($10,000); or
B. as the superintendent deems necessary:
- (1) suspension of the privilege of transacting portable electronics insurance at specific locations where violations have occurred; or
- (2) suspension or revocation of the ability of individual employees or authorized representatives of a vendor to act under the license.
History: Laws 2013, ch. 140, § 9.
ANNOTATIONS
Effective dates. — Laws 2013, ch. 140, § 14 made Laws 2013, ch. 140, § 9 effective July 1, 2013.