Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
A person continues the conduct after the Georgia Commissioner issues a cease and desist order. What monetary penalty may the Commissioner impose?
Answer and explanation
Answer: C. Section 33-6-9(1) allows a monetary penalty of not more than $10,000.00 for each and every act or violation, where a person violates a cease and desist order issued under section 33-6-8 while it remains in effect. The other figures do not appear in the subsection.Source: O.C.G.A. § 33-6-9 — 33-6-9(1), Monetary penalty
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