Nebraska § 44-8507 Violations; director; powers; administrative
fine

Nebraska Statutes

§ 44-8507 — Violations; director; powers; administrative fine

Nebraska·Ch. 44 Insurance

If a vendor violates any provision of the Portable Electronics Insurance Act, the director may, after notice and a hearing:

(1)Revoke or suspend a limited lines insurance license issued under the act;

(2)Impose such other penalties, including suspension of the transaction of insurance at specific vendor locations where violations have occurred, as the director deems necessary or convenient to carry out the purposes of the act; and

(3)Impose an administrative fine of not more than one thousand dollars per violation or five thousand dollars in the aggregate.

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If
a vendor violates any provision of the Portable Electronics Insurance Act,
the director may, after notice and a hearing:
(1) Revoke
or suspend a limited lines insurance license issued under the act;
(2) Impose
such other penalties, including suspension of the transaction of insurance
at specific vendor locations where violations have occurred, as the director
deems necessary or convenient to carry out the purposes of the act; and
(3) Impose
an administrative fine of not more than one thousand dollars per violation
or five thousand dollars in the aggregate.

Nebraska § 44-8507 (Violations; director; powers; administrative fine) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.