Georgia § 33-39-19 Monetary penalty for knowing violations of chapter; monetary penalty for violation of cease and desist order

Georgia Statutes

§ 33-39-19 — Monetary penalty for knowing violations of chapter; monetary penalty for violation of cease and desist order

Georgia § 33-39-19

Title33

This text of Georgia § 33-39-19 (Monetary penalty for knowing violations of chapter; monetary penalty for violation of cease and desist order) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 33-39-19 (2026).

Text

(a)In any case where a hearing pursuant to Code Section 33-39-16 results in the finding of a knowing violation of this chapter, the Commissioner may, in addition to the issuance of a cease and desist order as prescribed in Code Section 33-39-18 , order payment of a monetary penalty of not more than $500.00 for each violation but not to exceed $10,000.00 in the aggregate for multiple violations.

(b)Any person who violates a cease and desist order of the Commissioner under Code Section 33-39-18 may, after notice and hearing and upon order of the Commissioner, be subject to one or more of the following penalties, at the discretion of the Commissioner:

(1)A monetary fine of not more than $10,000.00 for each violation;

(2)A monetary fine of not more than $50,000.00 if the Commissioner finds

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(a) In any case where a hearing pursuant to Code Section 33-39-16 results in the finding of a knowing violation of this chapter, the Commissioner may, in addition to the issuance of a cease and desist order as prescribed in Code Section 33-39-18 , order payment of a monetary penalty of not more than $500.00 for each violation but not to exceed $10,000.00 in the aggregate for multiple violations. (b) Any person who violates a cease and desist order of the Commissioner under Code Section 33-39-18 may, after notice and hearing and upon order of the Commissioner, be subject to one or more of the following penalties, at the discretion of the Commissioner: (1) A monetary fine of not more than $10,000.00 for each violation; (2) A monetary fine of not more than $50,000.00 if the Commissioner finds that violations have occurred with such frequency as to constitute a general business practice; or (3) Suspension or revocation of an insurance institution's or agent's license.