Oklahoma Statutes

§ 36-6925 — Administrative penalty in lieu of suspension or

Oklahoma·Title 36 Insurance

revocation of certificate - Suspected violation - Order to cease and desist - Injunction.

A.The Insurance Commissioner may, in lieu of suspension or revocation of a certificate of authority under the provisions of Section 20 of this act, levy an administrative penalty against a health maintenance organization who knowingly violates the provisions of Section 20 of this act in an amount not to exceed Five Thousand Dollars ($5,000.00) for each occurrence if reasonable notice in writing is given of the intent to levy the penalty and the health maintenance organization has a reasonable time within which to remedy the defect in its operations that gave rise to the penalty citation. B.
1.If the Insurance Commissioner or the State Commissioner of Health shall for any reason have cause to believe

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Legislative History

Added by Laws 2003, c. 197, § 25, eff. Nov. 1, 2003.

Nearby Sections

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