(a) Any person violating this subchapter shall upon conviction be punished by a fine of not less than fifty dollars ($50) nor more than five hundred dollars ($500), or by imprisonment in jail for not more than six (6) months, or both penalties.\n(b) Administrative fines.— The Commissioner may impose administrative fines of not more than five hundred dollars ($500) for any violation of this subchapter, after a hearing.\nHistory —Ins. Code, added as § 21.210 on June 15, 1961, No. 68, p. 133; May 24, 1974, No. 46, Part 1, p. 200, § 6.
Puerto Rico Legal Code