Okla. Stat. tit. 15, § 15-140.6
This is the official text of Okla. Stat. tit. 15, § 15-140.6, part of Oklahoma’s Stat. tit. 15, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 15,." Browse the sections below, each linked to its official government source.
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Promulgation of rules
Official statutory text
The Insurance Commissioner shall promulgate rules necessary to
enforce the provisions of Section 140.2 et seq. of this title.
After proper notice and opportunity for hearing the Commissioner may
take either or both of the following actions:
1. Order the creditor, provider, administrator, or any other
person not in compliance with Section 140.2 et seq. of this title to
cease and desist from product related operations which are in
violation of Section 140.2 et seq. of this title; or
2. Impose a penalty not to exceed Five Hundred Dollars
($500.00) per violation and no more than Ten Thousand Dollars
($10,000.00) for aggregated violations of a similar nature. For
purposes of this section, “violations of a similar nature” means the
violation consisted of the same or similar course of conduct,
action, or practice, irrespective of the number of times the action,
conduct, or practice which is determined to be a violation of
Section 140.2 et seq. of this title occurred.
enforce the provisions of Section 140.2 et seq. of this title.
After proper notice and opportunity for hearing the Commissioner may
take either or both of the following actions:
1. Order the creditor, provider, administrator, or any other
person not in compliance with Section 140.2 et seq. of this title to
cease and desist from product related operations which are in
violation of Section 140.2 et seq. of this title; or
2. Impose a penalty not to exceed Five Hundred Dollars
($500.00) per violation and no more than Ten Thousand Dollars
($10,000.00) for aggregated violations of a similar nature. For
purposes of this section, “violations of a similar nature” means the
violation consisted of the same or similar course of conduct,
action, or practice, irrespective of the number of times the action,
conduct, or practice which is determined to be a violation of
Section 140.2 et seq. of this title occurred.
Status: in_force · Read it on the official government site
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