33-24-207. Suspension or revocation of vendor license. If a vendor of portable electronics or its employee or authorized representative violates any provision of this part, the commissioner may do any of the following after notice and the opportunity for a hearing:
(1) impose fines not to exceed $500 for each violation or $5,000 in the aggregate for violations;
(2) impose other penalties that the commissioner considers reasonable to carry out the purpose of this part, including:
(a) suspending the privilege of transacting portable electronics insurance under this part at specific business locations where violations have occurred; or
(b) suspending or revoking the ability of individual employees or authorized representatives to act under the license.
History: En. Sec. 7, Ch. 406, L. 2013.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 24. Property Insurance
Part 2. Portable Electronics Insurance Act
33-24-203. Licensure of vendors -- rulemaking
33-24-204. Requirements for sale of portable electronics insurance
33-24-205. Authority of vendors of portable electronics
33-24-206. Application for vendor license -- fees
33-24-207. Suspension or revocation of vendor license