(a) The company has failed to comply with its obligations under any such policy; or
(b) The company has failed to comply with the orders of the director or the provisions of this chapter or any rule promulgated pursuant thereto.
(2) A suspension or revocation shall not affect the liability of any such company on any workers’ compensation insurance policy in force prior to the suspension or revocation. [1975 c.556 §37; 1977 c.430 §2; 1987 c.373 §33; 2007 c.241 §15]
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