La. Admin. Code tit. 37 § XI-2311
Current through Register Vol. 50, No. 11, November 20, 2024
A. The Commissioner of Insurance may levy a fine on any insurer who fails to pay the fee assessed pursuant to this Section when due. Such fine shall not exceed five percent of the fee per month; however, no fine shall be less than $100 per month.La. Admin. Code tit. 37, § XI-2311
Promulgated by the Department of Insurance, Office of the Commissioner, LR 26:323 (February 2000), Amended LR 4565 (1/1/2019).AUTHORITY NOTE: Promulgated in accordance with R.S. 22:2, R.S. 40:1428 and R.S. 40:1429.