P.R. Laws tit. 26, § 321a
2019-02-20 00:00:00+00
In addition to, or in lieu of refusal, revocation or suspension of the authorization of an insurer to make insurance, any insurer violating the provision of this title may be punished by an administrative fine which shall not exceed five thousand dollars ($5,000) for each offense; Provided, That the total amount of fines for the different violations does not exceed fifty thousand dollars ($50,000).
History —Ins. Code, added as § 3.211 on May 24, 1974, No. 46, Part 1, p. 200, § 9.