Failure to respond or remit payment

Act 285 of 1921, § 612-A, under "INSURANCE DEPARTMENT ACT OF 1921, THE".

Act 285 of 1921, § 612-A

Section 612-A. Failure to respond or remit payment.

(a) Response.--A licensee who fails to provide a written response to the department within 30 days of receipt of a written inquiry from the department or who fails to remit valid payment for all fees due and owing to the department shall, after notice from the department specifying the violation and advising of corrective action to be taken, correct the violation within 15 days of receipt of the notice.

(b) Correction.--If a licensee fails to correct the violation within 15 days of receiving notice, the department may assess an administrative fine of no more than $100 per day per violation.

(612-A added Dec. 6, 2002, P.L.1183, No.147)