SECTION 636.223. Administrative penalty.
Latest version.
- 1In lieu of suspending or revoking a certificate of authority whenever any discount plan organization has been found to have violated any provision of this part, the office may:
30(1) 31Issue and cause to be served upon the organization charged with the violation a copy of such findings and an order requiring such organization to cease and desist from engaging in the act or practice that constitutes the violation.
70(2) 71Impose a monetary penalty of not less than $100 for each violation, but not to exceed an aggregate penalty of $75,000.
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