Formal administrative action definition
Formal administrative action means consent decrees, cease and desist orders, stipulations, suspensions, revocations, license denials, fines, forfeitures, settlement agreements, license restrictions or actions limiting the intermediary’s method of con- ducting an insurance business but does not include administrative actions based solely on failing to comply with continuing educa- tion requirements or solely on failing to pay a regulation fee for licensing.
Formal administrative action means consent decrees, cease and desist orders, stipulations, suspensions, revocations, license denials, fines, forfeitures, settlement agreements, license restrictions or actions limiting the intermediary's method of conducting an insurance business but does not include administrative actions based solely on failing to comply with continuing education requirements or solely on failing to pay a regulation fee for licensing.
Formal administrative action means consent decrees, cease and desist orders, stipulations, suspensions, revocations, license denials, fines, forfeitures, settlement agreements, navigator license restrictions or other actions limiting the navigator’s method of transacting the business of insurance.
More Definitions of Formal administrative action
Formal administrative action means consent decrees, cease and desist orders, stipulations, suspensions, revocations,