Section 230-RICR-20-60-10.11 - AssessmentsA. The Department may assess brokers and providers for the following: 1. To review contract forms and disclosures filed with the Department.2. To review advertisements filed with the Department.3. To review the annual report filed with the Department by providers pursuant to § 10.10 of this Part.B. The Department shall make such assessments as it, in its sole discretion, deems necessary. For a particular activity the Department may choose to assess by any one or combination of the following methods: 1. Assess all participants in the life settlement market by market share determined by the number of or value of life settlement contracts in a given calendar year.2. Assess all participants in the market equally.3. Assess all providers and/or all brokers by either method.4. Assess an individual licensee or a designated group of licensees.C. The Department shall, in arriving at a determination of a method to be used, consider the purpose of the assessment and the licensees effected.D. The Department has the discretion not to make an assessment; to assess less than all of the subjects it is authorized to assess and/or to assess on some occasions and not on others and no such action shall be a basis for objection to any future assessment.E. The Department will bill the licensee thirty (30) days prior to the due date of an assessment by whatever means the department determines to be expedient.F. Failure to pay an assessment within thirty (30) days or failure to pay examination fees assessed per R.I. Gen. Laws §§ 27-72-7(a), (e) and (k) shall be grounds for suspension or revocation of the license or for whatever additional and further administrative penalties are warranted pursuant to R.I. Gen. Laws § 42-14-16.230 R.I. Code R. 230-RICR-20-60-10.11