In addition to any other penalties provided by the laws of this state, any insurer or agent found to have violated any requirement of this state relating to the regulation of long-term care insurance or the marketing of long-term care insurance is subject to the greater of:
(1) A fine of up to three (3) times the amount of any commissions paid for each policy involved in the violation; or
(2) A fine of up to ten thousand dollars ($10,000).
Section: Previous 23-97-308 23-97-309 23-97-310 23-97-311 23-97-312 23-97-313 23-97-314 23-97-315 23-97-316 23-97-317 23-97-318 23-97-319 23-97-320 23-97-321Last modified: November 15, 2016