Alabama Code (Last Updated: November 28, 2014) |
Title27 INSURANCE. |
Chapter17A. PRENEED FUNERAL AND CEMETERY ACT. |
Article2. Certificate of Authority. |
§27-17A-21. Fine in lieu of suspension or revocation of certificate.
Latest version.
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(a) If the commissioner finds that one or more grounds exist for the discretionary suspension or revocation of a certificate of authority issued under this article, the commissioner may, in lieu of the suspension or revocation, impose a fine upon the certificate holder in an amount not to exceed one thousand dollars ($1,000) for each nonwillful violation and in an amount not to exceed ten thousand dollars ($10,000) for each willful violation.
(b) The commissioner may grant not more than 30 days from the date of the order for the payment of any fine.