§2018. Failure to pay tax
If any producer fails to remit the tax provided by section 2016 within 30 days after the tax is due, the superintendent may, following an adjudicatory hearing, assess a penalty of not less than $25 for each day of delinquency. Any fine collected by the superintendent must be paid to the Treasurer of State and credited to the Insurance Regulatory Fund. [PL 1997, c. 592, §63 (AMD).]
SECTION HISTORY
PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1979, c. 541, §A162 (AMD). PL 1991, c. 298, §5 (AMD). PL 1991, c. 674, §2 (AMD). PL 1997, c. 592, §63 (AMD). RR 1997, c. 2, §49 (COR).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
24-A §2002. Exemptions (REPEALED)
24-A §2002-A. Exemptions from provisions
24-A §2004. Conditions for export
24-A §2005. Report of coverage (REPEALED)
24-A §2006. Open lines for export
24-A §2007. Eligible surplus lines insurers
24-A §2008. Evidence of the insurance; changes; penalty
24-A §2009. Identification and notice on contract
24-A §2009-A. Cancellation and nonrenewal of surplus lines coverage
24-A §2010. Surplus lines insurance valid
24-A §2011. Insurer's liability for losses and unearned premiums
24-A §2012. Surplus lines authority
24-A §2013. License suspension or revocation
24-A §2014. Producer with surplus lines authority may compensate another producer
24-A §2015. Record of procured coverages
24-A §2016. Periodic reports and tax payments
24-A §2017. Annual report (REPEALED)
24-A §2018. Failure to pay tax