Ark. Code § 23-63-1513

Current with legislation from 2024 Fiscal and Special Sessions.
Section 23-63-1513 - Penalties and liabilities
(a) If the Insurance Commissioner finds after a hearing conducted in accordance with § 23-61-301 et seq. that a health organization has violated this subchapter, the commissioner may order:
(1) For each separate violation, a penalty of one thousand dollars ($1000) or, if the commissioner has found willful misconduct or willful violation, five thousand dollars ($5,000); and
(2) Revocation or suspension of the health organization's license.
(b) The decision, determination, or order of the commissioner under subsection (a) of this section shall be subject to judicial review pursuant to § 23-61-307.
(c) This section does not affect the right of the commissioner to impose any other penalties provided for in the insurance laws of this state.

Ark. Code § 23-63-1513

Acts 2011, No. 760, § 5.