2022 Louisiana Laws
Revised Statutes
Title 22 - Insurance
§22:1781.5. Suspension or revocation of license
RS 22:1781.5 - Suspension or revocation of license
A. If a vendor of portable electronics or its employee or authorized representative violates any provision of this Part or any other applicable provision of this Title, the commissioner may take any one or more of the following actions:
(1) Impose fines not to exceed five hundred dollars per violation or five thousand dollars in the aggregate for such conduct.
(2) Suspend or revoke the limited lines license of the vendor.
(3) Suspend the privilege of transacting portable electronics insurance at specific business locations where violations have occurred.
(4) Suspend or revoke the ability of individual employees or authorized representatives to act under the license of the vendor.
B. An aggrieved party affected by the commissioner's decision, act, or order may demand a hearing in accordance with Chapter 12 of this Title, R.S. 22:2191 et seq.
Acts 2012, No. 311, §1; Acts 2022, No. 185, §1.
