(a) Whenever it appears to the Insurance Commissioner that any person has committed a violation of this subchapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the commissioner may, after giving notice and an opportunity to be heard, determine to suspend, revoke, or refuse to renew the insurer's license or authority to do business in this state for such period as the commissioner finds is required for the protection of policyholders or the public.
(b) Any determination shall be accompanied by specific findings of fact and conclusions of law.
Section: Previous 23-63-517 23-63-518 23-63-519 23-63-520 23-63-521 23-63-522 23-63-523 23-63-524 23-63-525 23-63-526 23-63-527 23-63-528 23-63-529 23-63-530 23-63-531 NextLast modified: November 15, 2016