522B.17  Penalty.

An insurer or insurance producer who, after hearing, is found to have violated this chapter may be assessed a civil penalty pursuant to chapter 507B.

A person found, after hearing, to have acted as an agent of an insurer or otherwise selling, soliciting, or negotiating insurance in this state, or offering to the public advice, counsel, or services with regard to insurance, who is not properly licensed is subject to penalty according to the provisions of chapter 507A.

Section History: Recent form

  2001 Acts, ch 16, §31, 37

Internal References

  Referred to in § 522B.6, 522B.11, 522B.14

Footnotes

  Section is effective January 1, 2002; 2001 Acts, ch 16, §37


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