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2012 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 19: SURPLUS LINES
24-A §2018. Failure to pay tax


24-A ME Rev Stat § 2018 (2012 through 125th Legis) What's This?

§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. [1997, c. 592, §63 (AMD).]

SECTION HISTORY

1969, c. 132, §1 (NEW). 1973, c. 585, §12 (AMD). 1979, c. 541, §A162 (AMD). 1991, c. 298, §5 (AMD). 1991, c. 674, §2 (AMD). RR 1997, c. 2, §49 (COR). 1997, c. 592, §63 (AMD).

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