Ga. Comp. R. & Regs. 120-2-34-.23

Current through Rules and Regulations filed through June 17, 2024
Rule 120-2-34-.23 - Penalties

Any Fund administrator failing to comply with the requirements of this Regulation shall be subject to such penalties as prescribed in O.C.G.A. § 34-9-173 or § 34-9-181. Furthermore, if the Commissioner has cause to believe that improper rates, classifications or experience modification factors are used, any Fund administrator will be subject to the penalties and related expenses set forth in O.C.G.A. § 33-9-40.1(c)(1),(2) and (3).

Ga. Comp. R. & Regs. R. 120-2-34-.23

O.C.G.A. Secs. 33-2-9, 33-9-40.1, 34-9-174, 34-9-181.

Original Rule entitled "Penalties" adopted. F. Nov. 4, 1997; eff. Nov. 24, 1997.