Penalties for Violations of Cease and Desist Orders

Checkout our iOS App for a better way to browser and research.

After notice and hearing and upon order of the Commissioner, any person who violates a cease and desist order under Code Section 33-6-8, while the order is in effect may, at the discretion of the Commissioner, be subject to any one or more of the following:

  1. A monetary penalty of not more than $10,000.00 for each and every act or violation;
  2. Suspension or revocation of such person's license; or
  3. Any other relief as is reasonable and appropriate.

(Code 1933, § 56-711, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1972, p. 1261, § 6; Code 1933, § 56-710, as redesignated by Ga. L. 1972, p. 1261, § 7.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 43 Am. Jur. 2d, Insurance, § 22 et seq.

C.J.S.

- 44 C.J.S., Insurance, § 67 et seq.


Download our app to see the most-to-date content.