§488-7  Failure to comply; penalty.  (a)  Any plan that neglects or refuses to comply with this chapter shall be notified in writing by the commissioner of the neglect or refusal, and of the need to take corrective action within seven days.  If the neglect or refusal continues for seven days after notification, the plan, group, or plan administrator may be fined not more than $1,000.  Every day's neglect or refusal after the expiration of seven days shall be a separate offense.

     (b)  The commissioner may deny, suspend, revoke, or refuse to approve any plan or plan amendments and may levy civil penalties as allowed by chapters 431, 432, 480, 481A, 481B, and 481C, and any other applicable law for any violation of this chapter. [L 1976, c 156, pt of §1; am L 1982, c 204, §8; am L 1983, c 124, §17; am L 2010, c 47, §1(6)]