44-563. Violation of act.
44-563
44-563. Violation of act.For any violation of the provisions of this act the commissioner ofinsurance may suspend or revoke the authority of any insurance carrier todo business in this state. If any insurance carrier fails or delays to payany compensation finally determined to be due, the commissioner ofinsurance shall hear the complaint, and if such failure is withoutreasonable excuse he may revoke or suspend the authority of such carrier todo business in this state, and in a proper case may apply for theappointment of a receiver for such carrier.
History: L. 1927, ch. 232, § 60; June 30.