Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69B - Division of Insurance Agent and Agency Services
Chapter 69B-232 - PENALTY GUIDELINES FOR SALESPERSONS, SALES REPRESENTATIVES, AND OTHERS
Section 69B-232.115 - Penalties for Violations of Section 642.041, F.S

Universal Citation: FL Admin Code R 69B-232.115

Current through Reg. 50, No. 187; September 24, 2024

The following stated penalties shall apply for violations under Section 642.041, F.S., regarding compulsory suspension or revocation of license(s) and appointment(s):

(1) Section 642.041(1), F.S. -

(a) Suspension for 12 months if, had the license application been accurate, the application would have been approved, subject to Department action, based on the statutes and the Department's licensing rules applicable to the application at the time the Department issued the license, and the documentation in the applicant's file at the time the Department issued the license;

(b) Revocation if, had the license application been accurate, the application would have been denied, based on the statutes and Department licensing rules applicable to the application at the time the Department issued the license.

(2) Section 642.041(2), F.S. - suspension for 6 months.

(3) Section 642.041(3), F.S. - suspension for 9 months.

(4) Section 642.041(4), F.S. - suspension for 9 months.

(5) Section 642.041(5), F.S. - suspension for 6 months.

(6) Section 642.041(6), F.S. - suspension for 6 months.

(7) Section 642.041(7), F.S. - suspension for 12 months.

(8) Section 642.041(8), F.S. - suspension for 12 months.

(9) Section 642.041(9), F.S. - suspension for 6 months.

(10) Section 642.041(10), F.S. - suspension for 6 months.

(11) Section 642.041(11), F.S. - see Rule 69B-232.150, F.A.C.

Rulemaking Authority 624.308, 626.207 FS. Law Implemented 624.307, 624.308, 626.207, 642.041 FS.

New 11-10-19.

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