Michigan Laws 500.7076 – Violation of cease and desist order; notice; hearing; civil fine; suspension or revocation of certificate of authority
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Michigan Laws 500.7076
- Commissioner: means the director. See Michigan Laws 500.102
- MEWA: means that term as defined in section 3 of the employee retirement income security act of 1974, Public Law 93-406, 88 Stat. See Michigan Laws 500.7001
If a MEWA violates a cease and desist order under this chapter and has been given notice and an opportunity for a hearing, the commissioner may order a civil fine of not more than $10,000.00 for each violation, or a suspension or revocation of the MEWA’s certificate of authority, or both the fine and suspension or revocation.