2014 New Hampshire Revised Statutes
Title XXXVII - INSURANCE
Chapter 415-C - CONSUMER GUARANTY CONTRACTS
Section 415-C:10 - Penalties.

NH Rev Stat § 415-C:10 (2014) What's This?

    415-C:10 Penalties. – The commissioner, after proper notice and opportunity for hearing, may take action to enforce the provisions of this chapter, or rules adopted pursuant to this chapter, and may:
    I. Revoke or suspend the obligor's registration.
    II. Order the obligor to cease and desist from further consumer guaranty contract operations.
    III. Impose a penalty of not more than $1000 for each violation or $10,000 for each violation the commissioner finds to be willful.
    IV. Order the obligor to make restitution.

Source. 2004, 224:1, eff. Jan. 1, 2005.


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