Civil Penalties for Violations Concerning a Power of Attorney

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Sec. 26. The commission may impose a civil penalty upon a person who:

(1) fails to submit a power of attorney before a deadline imposed by this article;

(2) fails to take any corrective action required by the commission with respect to a power of attorney submitted under IC 4-33-6-2(c), IC 4-33-6-22, IC 4-33-6.5-2(c), or IC 4-33-6.5-16; or

(3) violates any provision of this article concerning the submission of a power of attorney identifying the person who would serve as a trustee under the power of attorney.

As added by P.L.142-2009, SEC.7.


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