Violations

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§7005. Violations

1.  Penalties.  If a vendor or its employee or authorized representative violates any provision of this chapter, the superintendent may enforce this chapter in accordance with section 12-A except the superintendent may not impose a fine exceeding $15,000 for aggregate conduct in violation of this chapter.  

[PL 2011, c. 297, §5 (NEW).]

2.  Suspension or revocation.  In addition to any other penalties authorized by law, the superintendent may:  

A. Suspend the authority of a vendor to transact portable electronic device insurance;   [PL 2011, c. 297, §5 (NEW).]

B. Suspend the authority of a vendor to transact portable electronic device insurance pursuant to this chapter at specific business locations where violations have occurred; and   [PL 2011, c. 297, §5 (NEW).]

C. Suspend or revoke the authority of an individual employee or authorized representative of a vendor to act under a limited lines license under section 7002, subsection 2.   [PL 2011, c. 297, §5 (NEW).]

[PL 2011, c. 297, §5 (NEW).]

SECTION HISTORY

PL 2011, c. 297, §5 (NEW).


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