LD 409
pg. 2
Page 1 of 2 PUBLIC Law Chapter 41 LD 409 Title Page
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LR 445
Item 1

 
The superintendent, following an adjudicatory hearing, may assess a civil
penalty of up to $500 for each violation in the case of an individual and
a civil penalty of up to $10,000 for each violation in the case of a
corporation or other entity other than an individual, unless the
applicable law specifies a different civil penalty. The superintendent
shall notify the Attorney General or the Attorney General's designee of
any such adjudicatory hearing at the time that the notice of hearing is
issued by the superintendent. The superintendent may not assess a civil
penalty only if the Attorney General elected not notifies the
superintendent that the Attorney General intends to pursue an action in
Superior Court to seek civil penalties for the same conduct. The
Attorney General shall notify the superintendent in writing whether or
not the Attorney General elects to pursue an action in Superior Court
within 90 days after receiving a request from the superintendent for such
an action. If the Attorney General elects to pursue the noticed action
in Superior Court, the Attorney General shall notify the superintendent
of that decision no later than 7 days prior to the hearing.


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