After notice and opportunity for a hearing, the director may impose a monetary penalty on any person or group found to be in violation of any provision of the Group Self-Insurance Act or of any rules or regulations promulgated thereunder. The monetary penalty shall not exceed one thousand dollars ($1,000) for each act or violation and shall not exceed ten thousand dollars ($10,000) in the aggregate. The amount of the monetary penalty shall be paid to the director for credit to the workers' compensation administration fund.
History: Laws 1986, ch. 22, § 95; 1990 (2nd S.S.), ch. 3, § 4.
The 1990 (2nd S.S.) amendment, effective January 1, 1991, substituted "director" for "superintendent" twice and, at the end of the last sentence, substituted "workers' compensation administration fund" for "general fund".
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