Arkansas § 23-60-108 Penalty generally

Arkansas Statutes

§ 23-60-108 — Penalty generally

Unless a greater penalty is provided by another law of this state, a violation of a statute or rule enforceable by the Insurance Commissioner is punishable:

(1)By the refusal, suspension, revocation, or nonrenewal of a license or certificate of authority; and (2) A fine no greater than one thousand dollars ($1,000) per violation, not to exceed fifty thousand dollars ($50,000) in any six-month period.

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Unless a greater penalty is provided by another law of this state, a violation of a statute or rule enforceable by the Insurance Commissioner is punishable: (1) By the refusal, suspension, revocation, or nonrenewal of a license or certificate of authority; and (2) A fine no greater than one thousand dollars ($1,000) per violation, not to exceed fifty thousand dollars ($50,000) in any six-month period.

Arkansas § 23-60-108 (Penalty generally) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.