New Hampshire Revised Statutes 415-C:10 – Penalties
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The commissioner, after proper notice and opportunity for hearing, may take action to enforce the provisions of this chapter, or rules adopted pursuant to this chapter, and may:
I. Revoke or suspend the obligor’s registration.
II. Order the obligor to cease and desist from further consumer guaranty contract operations.
III. Impose a penalty of not more than $1000 for each violation or $10,000 for each violation the commissioner finds to be willful.
IV. Order the obligor to make restitution.
I. Revoke or suspend the obligor’s registration.
Terms Used In New Hampshire Revised Statutes 415-C:10
- Contract: A legal written agreement that becomes binding when signed.
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
II. Order the obligor to cease and desist from further consumer guaranty contract operations.
III. Impose a penalty of not more than $1000 for each violation or $10,000 for each violation the commissioner finds to be willful.
IV. Order the obligor to make restitution.