Failure to comply with filing requirements--Fine.

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58-5A-53. Failure to comply with filing requirements--Fine.

Any insurer or other person that fails to make any filing required by §§58-5A-46 to 58-5A-52, inclusive, and that fails to demonstrate a good faith effort to comply with any filing requirement is subject to an administrative fine of not less than two thousand five hundred dollars and not more than fifty thousand dollars.

Source: SL 1992, ch 341, §15.


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