§1969. Violations; penalties
A. If, after receiving the person's answer or response or if no answer or response is
received within twenty days of receipt of mailing, faxing, or delivery of the notice, the
commissioner shall determine that the person charged has engaged in an unfair method of
competition or an unfair or deceptive act or practice, the commissioner shall reduce his
findings to writing and shall issue and cause to be served upon the person charged with the
violation a copy of such findings and an order requiring such person to cease and desist from
engaging in such method of competition, act, or practice and order any one or more of the
following:
(1) Payment of a monetary penalty of not more than one thousand dollars for each
and every act or violation, but not to exceed an aggregate penalty of one hundred thousand
dollars unless the person knew or reasonably should have known he was in violation of this
Part, in which case the penalty shall be not more than twenty-five thousand dollars for each
and every act or violation, but not to exceed an aggregate penalty of five hundred thousand
dollars in any six-month period
(2) Suspension or revocation of the license of the person if he knew or reasonably
should have known he was in violation of this Part.
B. An aggrieved party affected by the commissioner's decision, act, or order may
demand a hearing in accordance with Chapter 12 of this Title, R.S. 22:2191 et seq.
Acts 1958, No. 125. Amended by Acts 1966, No. 179, §1; Acts 1989, No. 638, §1;
Acts 1993, No. 953, §1; Redesignated from R.S. 22:1217 by Acts 2008, No. 415, §1, eff. Jan.
1, 2009; Acts 2009, No. 317, §1; Acts 2022, No. 683, §1.