Oklahoma Statutes
§ 36-6674 — Portable electronics insurance - Violations of act.
Oklahoma·Title 36 Insurance
A.If a vendor of portable electronics or its employee or authorized representative violates any provision of Sections 1 through 7 of this act, the Insurance Commissioner may: 1. After notice and hearing, impose fines not to exceed Five Hundred Dollars ($500.00) per violation or Five Thousand Dollars ($5,000.00) in the aggregate for such conduct; or 2. After notice and hearing, impose other penalties that the Commissioner deems necessary and reasonable to carry out the purpose of Sections 1 through 7 of this act, including: a. suspending the privilege of transacting portable electronics insurance pursuant to Sections 1 through 7 of this act at specific business locations where violations have occurred, and b. suspending or revoking the ability of individual employees or authorized represen
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Legislative History
Added by Laws 2011, c. 93, § 5, eff. Nov. 1, 2011.
Nearby Sections
15
§ 36-1001
Judicial review.§ 36-101
Short title.§ 36-102
"Insurance" defined.§ 36-103
"Insurer" defined.§ 36-104
"Person" defined.§ 36-105
"Transacting" insurance.§ 36-107
"Board" defined.§ 36-108
"Insurance Department" defined.§ 36-109
Compliance required.§ 36-1100
Short title - Purpose and effect.§ 36-1100.1
Definitions.§ 36-1100.2
Authority to enter multistate agreements.