Pennsylvania Code (Last Updated: April 5, 2016) |
Title 31. INSURANCE |
PART VIII. Miscellaneous Provisions |
Chapter 127. Management Contracts or Exclusive General Agency Agreements |
Section 127.7. Penalties
Latest version.
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Failure to comply with this chapter shall subject a licensee, following notice and hearing in accordance with 2 Pa.C.S. § § 501508 and 701704 (relating to Administrative Agency Law) to revocation of license; in addition thereto, a failure to comply with this chapter shall constitute a violation of the laws of the Commonwealth and shall subject a company or licensee so failing to comply to the penalties provided by law.