If an acquisition violates the standards of this chapter, the director may enter an order:
- (1) Requiring an involved insurer to cease and desist from doing business in this state with respect to the line or lines of insurance involved in the violation; or
- (2) Denying the application of an acquired or acquiring insurer for a license to do business in this state.
Source: SL 1992, ch 341 , § 36.