Section 26.1-34.2-04 - Compliance mitigation - Enforceability - Penalty1. An insurer is responsible for compliance with this chapter. If a violation occurs, either because of the action or inaction of the insurer or the insurer's producer, the commissioner may order: a. An insurer to take reasonably appropriate corrective action for any consumer harmed by a failure to comply with this chapter by the insurer or by the producer;b. A general agency, independent agency, or the producer to take reasonably appropriate corrective action for any consumer harmed by the producer's violation of this chapter; andc. Appropriate penalties and sanctions.2. Any applicable penalty under section 26.1-01-03.3 for a violation of this chapter may be reduced or eliminated, according to a schedule adopted by the commissioner, if corrective action for the consumer was taken promptly after a violation was discovered.3. The authority to enforce compliance with this section is vested exclusively with the commissioner.Amended by S.L. 2021, ch. 238 (HB 1160),§ 5, eff. 1/1/2022.Amended by S.L. 2011, ch. 217 (HB 1160),§ 5, eff. 8/1/2011.