Florida Statutes
Part II - Home Warranty Associations (Ss. 634.301-634.348)
634.323 - Administrative fine in lieu of suspension or revocation of sales representative’s license or appointment.


(1) If, pursuant to procedures provided for in this part, it is found that one or more grounds exist for the suspension or revocation of, or refusal to renew or continue, any sales representative’s license or appointment issued under this part, on a first offense, an order may be entered imposing upon the licensee or appointee, in lieu of such suspension, revocation, or refusal, an administrative penalty for each violation in an amount of up to $500 or, in the event of willful misconduct or willful violation on the part of the licensee or appointee, an administrative fine of up to $1,000. The administrative penalty may be augmented in amount by an amount equal to any commissions received by or accruing to the credit of the licensee or appointee in connection with any transaction to which the grounds for suspension, revocation, or refusal related.
(2) The order may allow the licensee or appointee a reasonable period, not to exceed 30 days, within which to pay to the department the amount of the penalty so imposed. If the licensee or appointee fails to pay the penalty in its entirety to the department at its office in Tallahassee within the period so allowed, the license or appointment of the licensee or appointee shall stand suspended or revoked, or renewal or continuation may be refused, as the case may be, upon expiration of such period and without any further proceedings.
History.—s. 1, ch. 77-339; s. 244, ch. 79-400; s. 3, ch. 81-148; s. 2, ch. 81-318; s. 3, ch. 83-265; ss. 23, 32, 33, 34, ch. 83-323; s. 1, ch. 84-94; s. 43, ch. 91-106; s. 149, ch. 91-108; s. 20, ch. 93-195.

Structure Florida Statutes

Florida Statutes

Title XXXVII - Insurance

Chapter 634 - Warranty Associations

Part II - Home Warranty Associations (Ss. 634.301-634.348)

634.301 - Definitions.

634.302 - Powers of department, commission, and office; rules.

634.3025 - Part exclusive; applicability of other laws.

634.303 - License required.

634.304 - Qualifications for license.

634.305 - Required deposit or bond.

634.3051 - Levy upon deposit limited.

634.306 - Application for and issuance of license.

634.307 - License expiration; renewal.

634.3073 - Acquisition.

634.3076 - Prohibited investments and loans.

634.3077 - Financial requirements.

634.3078 - Assets and liabilities.

634.308 - Grounds for suspension or revocation of license.

634.309 - Procedure to suspend or revoke license.

634.310 - Order, notice of suspension or revocation of license; effect; publication.

634.311 - Duration of suspension; obligations of association during suspension period; reinstatement.

634.3112 - Administrative fine in lieu of suspension or revocation of license of association.

634.312 - Forms; required provisions and procedures.

634.3123 - Noncompliant forms.

634.313 - Tax on premiums; annual statement; reports.

634.3135 - Office records required.

634.314 - Examination of associations.

634.315 - Service of process.

634.317 - License and appointment required.

634.318 - License and appointment of sales representatives.

634.319 - Reporting and accounting for funds.

634.320 - Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives.

634.3205 - Rebating; when allowed.

634.321 - Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives.

634.322 - Procedure for refusal, suspension, or revocation of license or appointment of sales representatives.

634.3225 - Duration of suspension or revocation of license or appointment.

634.323 - Administrative fine in lieu of suspension or revocation of sales representative’s license or appointment.

634.324 - Disposition of taxes and fees.

634.325 - Insurance business not authorized.

634.326 - Fronting not permitted.

634.327 - Applicability to warranty on new home.

634.328 - Penalty for violation.

634.3284 - Civil remedy.

634.329 - Dissolution or liquidation.

634.331 - Coverage of property for sale.

634.335 - Unfair methods of competition and unfair or deceptive acts or practices prohibited.

634.336 - Unfair methods of competition and unfair or deceptive acts or practices defined.

634.337 - Power of department and office to examine and investigate.

634.338 - Prohibited practices; hearings; procedure; service of process.

634.3385 - Unauthorized entities; gifts and grants.

634.339 - Cease and desist and penalty orders.

634.34 - Appeals from orders of the department or office.

634.341 - Penalty for violation of cease and desist order.

634.342 - Injunctive proceedings.

634.343 - Civil liability.

634.344 - Coercion of debtor prohibited.

634.346 - Home warranty coverage requirements.

634.348 - Investigatory records.