A. The Insurance Commissioner, may, after notice and an opportunity for hearing, initiate an action to recover payments required to be redeposited to the cemetery merchandise trust pursuant to the Cemetery Merchandise Trust Act or to recover other monies received or disbursed in violation of the Cemetery Merchandise Trust Act. B. The Commissioner may, after an opportunity for hearing, censure a permittee or may suspend or revoke a permit for violation of any provision of the Cemetery Merchandise Trust Act or the rules promulgated thereto. In addition to, or in lieu of, any censure, suspension or revocation, a permittee may be subject to a civil penalty of not more than One Thousand Dollars ($1,000.00) per occurrence or violation. Added by Laws 1989, c. 297, § 27, eff. Nov. 1, 1989. Amended by Laws 1995, c. 82, § 13, eff. Nov. 1, 1995; Laws 2010, c. 58, § 21, eff. July 1, 2010. Renumbered from Title 8, § 311 by Laws 2010, c. 58, § 48, eff. July 1, 2010. Amended by Laws 2025, c. 55, § 14, eff. Nov. 1, 2025.
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