Louisiana Administrative Code
Title 37 - INSURANCE
Part XIII - Regulations
Chapter 193 - Regulation Number 128-Louisiana Timber and Agriculture Transportation Group Self-Insurance Funds
Section XIII-19309 - Cease and Desist Orders and Other Penalties
Universal Citation: LA Admin Code XIII-19309
Current through Register Vol. 50, No. 3, March 20, 2024
A.
1. After
notice and opportunity for a hearing, the commissioner may issue an order
requiring a person or group to cease and desist from engaging in an act or
practice found to be not in compliance with
R.S.
3:4351, et seq. or with any rule promulgated
by the department pursuant to the Administrative Procedure Act or order or
directive issued by the department. Any cease and desist order issued under
this Section may include a prohibition against the fund writing any new or
renewal business.
2. After notice
and opportunity for a hearing, the commissioner may suspend or revoke the
certificate of authority of the fund found to be not in compliance with
R.S.
3:4351, et seq. or with any rule promulgated
by the department pursuant to the Administrative Procedure Act or order or
directive issued by the department.
B. Upon the determination that a fund failed to comply with any provision of R.S. 3:4351 et seq., any rule or regulation promulgated by the department, or orders or directives issued by the commissioner, the department may levy a fine of up to $2,000 for each violation.
AUTHORITY NOTE: Promulgated in accordance with R.S. 3:4351.5.
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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