Any person, partnership, or corporation willfully violating any provision of this chapter or order of the commissioner made in accordance with this chapter shall forfeit to the people of the state a sum not to exceed one hundred dollars ($100) for each violation, which may be recovered by a civil action. The commissioner may also suspend or revoke the license of an insurer or insurance producer for any of these willful violations.
(P.L. 1956, ch. 3808, § 9; G.L. 1956, § 27-18-20.)
Terms Used In Rhode Island General Laws 27-18-20. Penalties for violations
- person: extends to and includes co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6