§ 27-4-1-12

5, after it has become final, and while such order is in effect, may, after notice and hearing under IC 4-21.5 and upon order of the commissioner, be subject at the discretion of the commissioner to one (1) or more of the following:(1) A civil penalty of not more than twenty-five thousand dollars ($25,000) for each act or violation.(2) Suspension or revocation of the person's license or certificate of authority.Formerly: Acts 1947, c.112, s.12. As amended by P.L.259-1983, SEC.4; P.L.7-1987, SEC.150; P.L.121-1990, SEC.5; P.L.149-1990, SEC.3.