(1) The commissioner may, after notice and opportunity for a hearing, respond to a violation of a provision of this part 17 by:
(a) Taking disciplinary action against any supervising entity pursuant to section 10-2-801;
(b) Imposing other penalties, including suspending the license of a supervising entity for a violation of this part 17, as the commissioner considers necessary or convenient to carry out this part 17; or
(c) Suspending or revoking the ability of any individual working for or acting on behalf of a self-storage retailer to act under the limited lines self-storage insurance producer license.
Source: L. 2017: Entire part added, (HB 17-1263), ch. 368, p. 1919, � 1, effective August 9.