If a dealer fails to comply with a cease and desist order issued pursuant to § 32-7A-4.3, the secretary may issue an order which:
- (1) Imposes a monetary penalty on the dealer of five hundred dollars for each violation of the cease and desist order;
- (2) Suspends dealer's license for not more than thirty days; or
- (3) Revokes the dealer's license. All monetary penalties collected pursuant to this section shall be deposited into the state motor vehicle fund.
Source: SL 2005, ch 162 , § 24.