2014 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 81: MULTIPLE-EMPLOYER WELFARE ARRANGEMENTS
§6614. Violations
§6614. Violations
In addition to any other penalties provided for by this Title and subject to this chapter: [1993, c. 688, §1 (NEW).]
1. Civil penalty. An arrangement that fails to obtain and maintain a valid approval from the superintendent while operating or maintaining a multiple-employer welfare arrangement is subject to a civil penalty of not less than $5,000 or more than $50,000 for each violation; and
[ 1993, c. 688, §1 (NEW) .]
2. Cease and desist order. The superintendent may issue a cease and desist order if the superintendent finds a person operating or maintaining a multiple-employer welfare arrangement without a currently effective certificate of approval.
[ 1993, c. 688, §1 (NEW) .]
SECTION HISTORY
1993, c. 688, §1 (NEW).
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