Rhode Island § 27-66-21 § 27-66-21. Failure to comply — Penalties.

Rhode Island Statutes

§ 27-66-21 — § 27-66-21. Failure to comply — Penalties.

Rhode Island·Title 27 Insurance·Ch. 27-66 The Health Insurance Conversions Act

§ 27-66-21. Failure to comply — Penalties.
If any person knowingly violates or fails to comply with any provision of this chapter
            or willingly or knowingly gives false or incorrect information:
         
(1) The director may, after notice and opportunity for a prompt and fair hearing to the
            applicant or licensee, deny, suspend, or revoke a license, or take corrective action
            necessary to secure compliance under this chapter; or
         
(2) The superior court, after notice and opportunity for a prompt and fair hearing, may
            impose a fine of not more than one hundred thousand dollars ($100,000) or 

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§ 27-66-21. Failure to comply — Penalties.

If any person knowingly violates or fails to comply with any provision of this chapter or willingly or knowingly gives false or incorrect information:

(1) The director may, after notice and opportunity for a prompt and fair hearing to the applicant or licensee, deny, suspend, or revoke a license, or take corrective action necessary to secure compliance under this chapter; or

(2) The superior court, after notice and opportunity for a prompt and fair hearing, may impose a fine of not more than one hundred thousand dollars ($100,000) or impose a prison term of not more than five (5) years.

Rhode Island § 27-66-21 (§ 27-66-21. Failure to comply — Penalties.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.