Nebraska Statutes 44-7012. Violation of cease and desist order; penalty
Current as of: 2024 | Check for updates
|
Other versions
Any health carrier who violates a cease and desist order of the director under section 44-7011 may after notice and hearing and upon order of the director be subject to:
Terms Used In Nebraska Statutes 44-7012
- Director: shall mean the Director of Insurance. See Nebraska Statutes 44-103
(1) A monetary penalty of not more than thirty thousand dollars for each violation, not to exceed an aggregate penalty of one hundred fifty thousand dollars; and
(2) Suspension or revocation of the health carrier’s certificate of authority.