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§ 1007.14. Penalties

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 40 P.S. Insurance (Refs & Annos)
Chapter 2. Insurance Companies (Refs & Annos)
Credit Insurance (Refs & Annos)
40 P.S. § 1007.14
§ 1007.14. Penalties
In addition to any other penalty provided by law, any insurer or any person who violates an order of the commissioner after it has become final and while such order is in effect shall, upon proof thereof to the satisfaction of the court, forfeit and pay to the Commonwealth of Pennsylvania a sum not to exceed two hundred fifty dollars ($250) which may be recovered in a civil action, except that if such violation is found to be willful, the amount of such penalty shall be a sum not to exceed one thousand dollars ($1000). The commissioner in his discretion may revoke or suspend the license or certificate of authority of the insurer or the person guilty of such violation. Such order for suspension or revocation shall be upon notice and hearing and shall be subject to judicial review as provided in section 13 of this act.1

Credits

1961, Sept. 2, P.L. 1232, § 14.

Footnotes

40 P.S. § 1007.13.
40 P.S. § 1007.14, PA ST 40 P.S. § 1007.14
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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