Louisiana Revised Statutes 22:1781.5 – A. If a vendor of portable electronics or its employee or authorized representative violates any provision of this Part or any other applicable provision of this Title, the commissio
Terms Used In Louisiana Revised Statutes 22:1781.5
- Commissioner: means the commissioner of insurance. See Louisiana Revised Statutes 22:1781.1
- Portable electronics: means electronic devices that are portable in nature, their accessories, and services related to the use of the device. See Louisiana Revised Statutes 22:1781.1
- Portable electronics insurance: means insurance providing coverage for the repairs or replacement of portable electronics which may provide coverage for portable electronics against any one or more of the following causes of loss: loss, theft, inoperability due to mechanical failure, malfunction, damage, or other similar causes of loss. See Louisiana Revised Statutes 22:1781.1
- Vendor: means a person in the business of engaging in portable electronics transactions directly or indirectly. See Louisiana Revised Statutes 22:1781.1
A. If a vendor of portable electronics or its employee or authorized representative violates any provision of this Part or any other applicable provision of this Title, the commissioner may take any one or more of the following actions:
(1) Impose fines not to exceed five hundred dollars per violation or five thousand dollars in the aggregate for such conduct.
(2) Suspend or revoke the limited lines license of the vendor.
(3) Suspend the privilege of transacting portable electronics insurance at specific business locations where violations have occurred.
(4) Suspend or revoke the ability of individual employees or authorized representatives to act under the license of the vendor.
B. An aggrieved party affected by the commissioner’s decision, act, or order may demand a hearing in accordance with Chapter 12 of this Title, La. Rev. Stat. 22:2191 et seq.
Acts 2012, No. 311, §1; Acts 2022, No. 185, §1.