33-4-314. Annual statement — exclusive report — penalty for failure to file. (1) A report, statement, or return of any nature may not be required of any farm mutual insurer other than those required by 33-4-313.

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(2)The commissioner may:

(a)suspend or revoke the certificate of authority of any insurer failing to file its annual statement as required; or

(b)impose a fine of up to $100 a day for each day that an insurer is late in filing its annual statement, with the aggregate penalty not to exceed $1,000.