Section 10-4-1810 - Enforcement - suspension or revocation of certificate of authority - fines(1) After notice and hearing, the commissioner may suspend or revoke the certificate of authority to transact insurance business in this state of any member insurer that fails to timely pay a fee or to comply with the plan of operation.(2) As an alternative to suspension or revocation of a certificate of authority, as described in subsection (1) of this section, the commissioner may impose a fine on any member insurer that fails to timely pay a fee or to comply with the plan of operation. The fine must be the greater of: (a) The amount of the fee plus interest and the commissioner's cost of enforcement; or(b) Five thousand dollars.Added by 2023 Ch. 170,§ 1, eff. 8/7/2023.2023 Ch. 170, was passed without a safety clause. See Colo. Const. art. V, § 1(3).