2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 522B - LICENSING OF INSURANCE PRODUCERS
522B.17 - CEASE AND DESIST ORDERS -- PENALTIES.

        522B.17  CEASE AND DESIST ORDERS -- PENALTIES.
         An insurer or insurance producer who, after hearing, is found to
      have violated this chapter may be ordered to cease and desist from
      engaging in the conduct resulting in the violation and may be
      assessed a civil penalty pursuant to chapter 507B.
         A person who, after hearing, is found to have violated this
      chapter by acting as an agent of an insurer or otherwise selling,
      soliciting, or negotiating insurance in this state, or offering to
      the public advice, counsel, or services with regard to insurance, who
      is not properly licensed may be ordered to cease and desist from
      engaging in the conduct resulting in the violation and may be
      assessed a civil penalty according to the provisions of chapter 507A.

         If a person does not comply with an order issued pursuant to this
      section, the commissioner may petition a court of competent
      jurisdiction to enforce the order.  The court shall not require the
      commissioner to post a bond in an action or proceeding under this
      section.  If the court finds, after notice and opportunity for
      hearing, that the person is not in compliance with an order, the
      court may adjudge the person to be in civil contempt of the order.
      The court may impose a civil penalty against the person for contempt
      in an amount not less than three thousand dollars but not greater
      than ten thousand dollars for each violation and may grant any other
      relief that the court determines is just and proper in the
      circumstances.  
         Section History: Recent Form
         2001 Acts, ch 16, §31, 37; 2005 Acts, ch 70, §48
         Referred to in § 505.8, 522B.6, 522B.11, 522B.14, 522B.17A

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