Section 33-24-207 - Suspension or revocation of vendor licenseIf a vendor of portable electronics or its employee or authorized representative violates any provision of this part, the commissioner may do any of the following after notice and the opportunity for a hearing:
(1) impose fines not to exceed $500 for each violation or $5,000 in the aggregate for violations;(2) impose other penalties that the commissioner considers reasonable to carry out the purpose of this part, including:(a) suspending the privilege of transacting portable electronics insurance under this part at specific business locations where violations have occurred; or(b) suspending or revoking the ability of individual employees or authorized representatives to act under the license.Added by Laws 2013, Ch. 406, Sec. 7, eff. 8/1/2013.