Arkansas Statutes
§ 23-66-211 — Penalty for violation of cease and desist orders
Arkansas·Title 23
Any person who violates a cease and desist order of the Insurance Commissioner under § 23-66-210 while the order is in effect may, after notice and hearing upon order of the commissioner, be subject at the discretion of the commissioner to any one (1) or more of the following:
(1)A monetary penalty of not more than ten thousand dollars ($10,000) for each and every act of violation; or (2) Suspension or revocation of that person's license.
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Related
Allstate Insurance Co. v. Dodson
2011 Ark. 19 (Supreme Court of Arkansas, 2011)
Legislative History
Acts 1959, No. 148, § 219; 1973, No. 41, § 8; 1981, No. 809, § 11; A.S.A. 1947, § 66-3012.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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