Regulation .05 Settlement.
Regulation .05 Settlement.LinkCopy Citation
A.
The Commission may provide a licensee with the opportunity to discuss with staff a means of entering into a settlement agreement between the licensee and the Commission by which the violation is settled without a sanction.
B.
A settlement agreement:
(1)
Shall be signed by an authorized representative of the licensee and the Director or the Director’s designee; and
(2)
May not be considered final and binding until approved by the Commission.
C.
If a licensee violates a term of a settlement agreement, nothing in this regulation shall be construed to prevent the Commission from imposing a sanction against the licensee for violating a term of the agreement or the underlying violation.