24-A §6614. Violations - Maine Statutes

Title 24-A: MAINE INSURANCE CODE

Chapter 81: MULTIPLE-EMPLOYER WELFARE ARRANGEMENTS HEADING: PL 1995, C. 462, PT. A, §47 (RPR)

§6614. Violations

In addition to any other penalties provided for by this Title and subject to this chapter: [1993, c. 688, §1 (NEW).]

1. Civil penalty. An arrangement that fails to obtain and maintain a valid approval from the superintendent while operating or maintaining a multiple-employer welfare arrangement is subject to a civil penalty of not less than $5,000 or more than $50,000 for each violation; and

[ 1993, c. 688, §1 (NEW) .]

2. Cease and desist order. The superintendent may issue a cease and desist order if the superintendent finds a person operating or maintaining a multiple-employer welfare arrangement without a currently effective certificate of approval.

[ 1993, c. 688, §1 (NEW) .]

SECTION HISTORY

1993, c. 688, §1 (NEW).