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AR Code › Title 23 › Chapter 60 › Section 23-60-108
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Unless a greater penalty is provided by another law of this state, a violation of a statute or rule enforceable by the Insurance Commissioner is punishable: (1) By the refusal, suspension, revocation, or nonrenewal of a license or certificate of authority; and (2) A fine no greater than one thousand dollars ($1,000) per violation, not to exceed fifty thousand dollars ($50,000) in any six-month period. Amended by Act 2019, No. 315,§ 2609, eff. 7/24/2019. Acts 1959, No. 148, § 15; A.S.A. 1947, § 66-2015; Acts 2009, No. 726, § 4.
Unless a greater penalty is provided by another law of this state, a violation of a statute or rule enforceable by the Insurance Commissioner is punishable:
(1) By the refusal, suspension, revocation, or nonrenewal of a license or certificate of authority; and
(2) A fine no greater than one thousand dollars ($1,000) per violation, not to exceed fifty thousand dollars ($50,000) in any six-month period.
Amended by Act 2019, No. 315,§ 2609, eff. 7/24/2019.
Acts 1959, No. 148, § 15; A.S.A. 1947, § 66-2015; Acts 2009, No. 726, § 4.
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