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<section article="gin" article_name="Insurance" number="32-109" title_number="32" title_name="Risk Management and Own Risk and Solvency Assessment Act" subtitle_number="1">
  <level label="a">
    <text>Subject to § 2–210 of this article, a carrier that, without just cause, fails to timely file an ORSA Summary Report as required by this title is subject to a penalty of $200 for each day the violation continues, up to a maximum of $25,000.</text>
  </level>
  <level label="b">
    <text>The Commissioner may reduce the penalty under subsection (a) of this section if the carrier demonstrates to the Commissioner that the imposition of the penalty would constitute a financial hardship to the carrier.</text>
  </level>
  <level label="c">
    <text>This section does not limit the authority of the Commissioner to take any other action authorized by this article.</text>
  </level>
</section>
