Nebraska § 44-7314 Violation of cease and desist order; penalty

Nebraska Statutes

§ 44-7314 — Violation of cease and desist order; penalty

Nebraska·Ch. 44 Insurance

Any health carrier who violates a cease and desist order of the director under section 44-7313 may after notice and hearing and upon order of the director be subject to:

(1)A monetary penalty of not more than thirty thousand dollars for each violation, not to exceed an aggregate penalty of one hundred fifty thousand dollars; and

(2)Suspension or revocation of the health carrier's certificate of authority.

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Any health carrier who violates a cease and desist order of the director under section 44-7313 may after notice and hearing and upon order of the director be subject to:
(1) A monetary penalty of not more than thirty thousand dollars for each violation, not to exceed an aggregate penalty of one hundred fifty thousand dollars; and
(2) Suspension or revocation of the health carrier's certificate of authority.

Nebraska § 44-7314 (Violation of cease and desist order; penalty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.