A company willfully making a false filing of an actuarial opinion or supporting memorandum with the Commissioner or failing to demonstrate a good faith effort to comply with this chapter or section 301(g) of the act (40 P. S. § 71(g)) may be subject to a civil penalty not to exceed $50,000, following notice and a hearing.

Source

The provisions of this § 84b.11 amended October 24, 2008, effective January 1, 2009. Immediately preceding text appears at serial page (266394).