2014 North Carolina General Statutes
Chapter 58 - Insurance.
Article 89A - North Carolina Professional Employer Organization Act.
§ 58-89A-160 - Sanctions.

NC Gen Stat § 58-89A-160 (2014) What's This?

58-89A-160. Sanctions.

(a) On a finding that a ground for disciplinary action exists under G.S. 58-89A-155, the Commissioner may suspend or terminate a license, impose a civil penalty, and seek an order of restitution under G.S. 58-2-70.

(b) On termination of a license, the licensee shall immediately return the terminated license to the Commissioner.

(c) Any disciplinary action taken, any temporary or permanent termination of a license, or any determination that an officer or controlling person is unqualified shall be made by the Commissioner subject to Article 3A of Chapter 150B of the General Statutes. (2004-162, s. 1.)


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