Indiana Code 27-1-16.1-15. Violations
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Sec. 15. (a) This section supplements and does not limit the actions that may be taken by the commissioner for a violation under IC 27-1-15.6.
(1) After notice and hearing, impose on the self-storage facility a civil penalty of at least fifty dollars ($50) and not more than ten thousand dollars ($10,000).
(b) If a self-storage facility or an employee or authorized representative of a self-storage facility violates this chapter, the commissioner may do any of the following:
Terms Used In Indiana Code 27-1-16.1-15
- Commissioner: means the "insurance commissioner" of this state. See Indiana Code 27-1-2-3
- self-storage facility: means a person that is engaged in the business of providing rented storage space to the public. See Indiana Code 27-1-16.1-4
- self-storage insurance: means :
Indiana Code 27-1-16.1-5
(2) After notice and hearing, impose other penalties that the commissioner considers necessary and reasonable, including:
(A) suspending the privilege of transacting self-storage insurance under this chapter at specific self-storage facility locations where violations have occurred; and
(B) suspending or revoking the ability of an individual employee or authorized representative to act under the self-storage facility’s limited lines producer’s license.
As added by P.L.81-2013, SEC.3.