Section 33-2-1138 - Penalty(1) Any insurer failing to timely file the ORSA summary report shall be fined no more than $500 for each day's delay, up to a maximum penalty of $25,000.(2) The commissioner shall collect the fine and deposit the money in the state general fund.Added by Laws 2015, Ch. 370, Sec. 9, eff. 4/30/2015, and applicable retroactively, within the meaning of 1-2-109, to all policies and contracts subject to 33-2-521 that were issued prior to the operative date of the valuation manual as provided in 33-2-523. See Laws 2015, Ch. 370, Sec. 44.