Michigan Laws 500.2040 – Violation of cease and desist order; penalty; stay; contents of cease and desist order
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 500.2040
- Director: means , unless the context clearly implies a different meaning, the director of the department. See Michigan Laws 500.102
- person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
(1) A person who violates a cease and desist order of the director under this chapter while the order is in effect, after notice and an opportunity for a hearing and on order of the director, may be subject to any of the following:
(a) A monetary penalty of not more than $20,000.00 for each violation.
(b) Suspension or revocation of the person’s license or certificate of authority.
(2) The filing of a petition for review does not stay enforcement under this section, but the director may grant, or the appropriate court may order, a stay on appropriate terms.
(3) A cease and desist order issued by the director under section 2043 must not contain fines or other penalties applicable to acts or omissions that occur before the date of the cease and desist order.