Okla. Stat. tit. 15, § 15-141.12: Fine in lieu of suspension or revocation
Where this section sits in the code
- OK Code
- Title 15
If the Insurance Commissioner finds that one or more grounds
exist for the discretionary revocation or suspension of a
certificate of authority issued under the Service Warranty Act, the
Commissioner may, in lieu of such suspension or revocation, impose a
fine upon the insurer or service warranty association in an amount
not to exceed One Thousand Dollars ($1,000.00) per violation;
however, if it is found that an insurer or service warranty
association has knowingly and willfully violated a lawful rule or
order of the Commissioner or any provision of the Service Warranty
Act, the Commissioner may impose a fine upon the insurer or
association in an amount not to exceed Ten Thousand Dollars
($10,000.00) for each violation.
Collected 2026-09-14T18:32:36Z. Source file · JSON