Ind. Code § 27-4-1-12

Current through P.L. 171-2024

Section 27-4-1-12 - Violations; penalties

Any person who violates a cease and desist order of the commissioner under section 6 of this chapter, or an order of the court under IC 4-21.5, after it has become final, and while such order is in effect, may, after notice and hearing under IC 4-21.5 and upon order of the commissioner, be subject at the discretion of the commissioner to one (1) or more of the following:

(1) A civil penalty of not more than twenty-five thousand dollars ($25,000) for each act or violation.

(2) Suspension or revocation of the person's license or certificate of authority.

IC 27-4-1-12

(Formerly: Acts 1947, c.112, s.12.) As amended by P.L. 259-1983, SEC.4; P.L. 7-1987, SEC.150; P.L. 121-1990, SEC.5; P.L. 149-1990, SEC.3.