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054.00.50-9. Penalties

AR ADC 054.00.50-9Arkansas Administrative CodeEffective: February 7, 2016

West's Arkansas Administrative Code
Title 054. Insurance Department
Division 00.
Rule 50. Continuing Education for Producers and Adjusters
Effective: February 7, 2016
Ark. Admin. Code 054.00.50-9
054.00.50-9. Penalties
A. Upon failure of any producer to comply with Ark. Code Ann. §§ 23-64-301, et seq., the Commissioner shall take the steps enumerated in Ark. Code Ann. § 23-64-304(d) against such individual's license. Failure to comply with this Rule may result in imposition of penalties contained in Ark. Code Ann. § 23-64-216, as amended, or other applicable laws or rules.
Commissioner seal the licensee's records at the Department regarding the fine. The underlying conduct of any licensee whose record has been sealed under Ark. Code Ann. § 23-64-304 shall be deemed as a matter of law never to have occurred, and the licensee is not required to disclose the violation on any subsequent application after the records are sealed.

Credits

Amended Sept. 30, 2010; Oct. 16, 2010; Feb. 7, 2016.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.50-9, AR ADC 054.00.50-9
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