Ark. Code § 23-60-108

Current with legislation from 2024 Fiscal and Special Sessions.

Section 23-60-108 - Penalty generally

Unless a greater penalty is provided by another law of this state, a violation of a statute or rule enforceable by the Insurance Commissioner is punishable:

(1) By the refusal, suspension, revocation, or nonrenewal of a license or certificate of authority; and

(2) A fine no greater than one thousand dollars ($1,000) per violation, not to exceed fifty thousand dollars ($50,000) in any six-month period.

Ark. Code § 23-60-108

Amended by Act 2019, No. 315,§ 2609, eff. 7/24/2019.

Acts 1959, No. 148, § 15; A.S.A. 1947, § 66-2015; Acts 2009, No. 726, § 4.