Montana Statutes

§ 33-24-207 — Suspension Or Revocation Of Vendor License

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 24 PROPERTY INSURANCE·Part 2 Portable Electronics Insurance Act

33-24-207 . Suspension or revocation of vendor license. If a vendor of portable electronics or its employee or authorized representative violates any provision of this part, the commissioner may do any of the following after notice and the opportunity for a hearing:

(1)impose fines not to exceed $500 for each violation or $5,000 in the aggregate for violations;
(2)impose other penalties that the commissioner considers reasonable to carry out the purpose of this part, including:
(a)suspending the privilege of transacting portable electronics insurance under this part at specific business locations where violations have occurred; or
(b)suspending or revoking the ability of individual employees or authorized representatives to act under the license.

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Legislative History

En. Sec. 7, Ch. 406, L. 2013.

Nearby Sections

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