Laws Flashcards
1
Q
How long is the commissioner in office
A
6 years
2
Q
When does a commissioner examine a domestic company
A
Once every 5 years
3
Q
Policies must be filed for approval
A
60 days beforehand
4
Q
Commisioner must give how much time in notice of a hearing
A
15 days
5
Q
A hearing must be held
A
45 days
6
Q
Anything pending after a hearing
A
45 days
7
Q
Rehearing request must be filed
A
30 days after the first hearing
8
Q
Unfair trade practice
A
1000 dollar fine per occurrence 10000 aggregate limit
9
Q
Willfully and knowingly
A
5000 fine occurence 100000 dollar limit
10
Q
Violated cease and desist order
A
10000 fine
11
Q
Repeat violations after will revoke a license
A
20 days
12
Q
In general practice unfair trade
A
250000
13
Q
Maximum civil penalty
A
5000 30
14
Q
Licensees have to demand a renewal
A
10 days
15
Q
Appointed agent
A
15 days
