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2017 Nebraska Revised Statutes
Chapter 44 - INSURANCE
44-7012 Violation of cease and desist order; penalty.
Universal Citation: NE Code § 44-7012 (2017)
44-7012. Violation of cease and desist order; penalty.
Any health carrier who violates a cease and desist order of the director under section 44-7011 may after notice and hearing and upon order of the director be subject to:
(1) A monetary penalty of not more than thirty thousand dollars for each violation, not to exceed an aggregate penalty of one hundred fifty thousand dollars; and
(2) Suspension or revocation of the health carrier's certificate of authority.
Source
- Laws 1998, LB 1162, ยง 37.
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