Okla. Stat. tit. 36, § 36-6674
This is the official text of Okla. Stat. tit. 36, § 36-6674, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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Portable electronics insurance - Violations of act
Official statutory text
A. If a vendor of portable electronics or its employee or
authorized representative violates any provision of Sections 1
through 7 of this act, the Insurance Commissioner may:
1. After notice and hearing, impose fines not to exceed Five
Hundred Dollars ($500.00) per violation or Five Thousand Dollars
($5,000.00) in the aggregate for such conduct; or
2. After notice and hearing, impose other penalties that the
Commissioner deems necessary and reasonable to carry out the purpose
of Sections 1 through 7 of this act, including:
a. suspending the privilege of transacting portable
electronics insurance pursuant to Sections 1 through 7
of this act at specific business locations where
violations have occurred, and
b. suspending or revoking the ability of individual
employees or authorized representatives to act under
the license.
authorized representative violates any provision of Sections 1
through 7 of this act, the Insurance Commissioner may:
1. After notice and hearing, impose fines not to exceed Five
Hundred Dollars ($500.00) per violation or Five Thousand Dollars
($5,000.00) in the aggregate for such conduct; or
2. After notice and hearing, impose other penalties that the
Commissioner deems necessary and reasonable to carry out the purpose
of Sections 1 through 7 of this act, including:
a. suspending the privilege of transacting portable
electronics insurance pursuant to Sections 1 through 7
of this act at specific business locations where
violations have occurred, and
b. suspending or revoking the ability of individual
employees or authorized representatives to act under
the license.
Status: in_force · Read it on the official government site
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