Chapter 16: PRODUCERS, ADJUSTERS AND CONSULTANTS HEADING: PL 1997, C. 457, §23 (NEW); 2001, C. 259, §1 (RPR)
Subchapter 2: GENERAL LICENSING REQUIREMENTS FOR PRODUCERS, ADJUSTERS, CONSULTANTS AND BUSINESS ENTITIES HEADING: PL 1997, C. 457, §23
(NEW); 2001, C. 259, §10 (RPR)
§1417. Suspension; revocation; refusal of license
1.Suspension, revocation, probation, denial. Notwithstanding Title 5, chapter 375, subchapter VI, the superintendent may, after notice and opportunity for hearing, deny,
revoke, suspend, place on probation or limit the permissible activities under any license issued under this chapter, including
business entity licenses, or any surplus lines broker license if the superintendent finds that, as to the applicant or licensee,
any of the causes exist that are listed in section 1420-K, and that for purposes of this section apply to adjusters and consultants
as well as producers.
A. [2001, c. 259, §19 (RP).]
B. [2001, c. 259, §19 (RP).]
C. [2001, c. 259, §19 (RP).]
D. [2001, c. 259, §19 (RP).]
E. [2001, c. 259, §19 (RP).]
F. [2001, c. 259, §19 (RP).]
G. [2001, c. 259, §19 (RP).]
H. [2001, c. 259, §19 (RP).]
[
2001, c. 259, §19 (AMD)
.]
2.Agency suspension.
[
2001, c. 259, §20 (RP)
.]
3.Voluntary surrender. The superintendent may, after notice and opportunity for a hearing under this section, deem the license suspended or revoked
of a previously licensed person who voluntarily surrendered an insurance license.
[
1997, c. 457, §23 (NEW);
1997, c. 457, §55 (AFF)
.]
4.Exceptional circumstances.
[
2001, c. 259, §21 (RP)
.]
SECTION HISTORY
1997, c. 457, §23 (NEW).
1997, c. 592, §§22,23 (AMD).
1997, c. 457, §55 (AFF).
2001, c. 259, §§19-21 (AMD).
Data for this page extracted on 11/09/2009 11:20:25.