505.7A Civil penalties. Unless specifically provided for in this subtitle, penalties imposed under this subtitle by order of the commissioner of insurance after hearing shall not exceed one thousand dollarsfor each act or violation of this subtitle, up to an aggregate of ten thousand dollars, unless theperson knew or reasonably should have known the person was in violation of this subtitle, inwhich case the penalty shall not exceed five thousand dollars for each act or violation, up toan aggregate of fifty thousand dollars in any one six-month period. 2004 Acts, ch 1110, §5Referred to in §505.8, 507.16, 507F.14, 522C.6 Sat Dec 23 00:38:28 2023 Iowa Code 2024, Section 505.7A (18, 0)
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