Penalties

A. The board may impose a civil penalty of up to $50,000 for each violation of the provisions of the Act or rules. B. The board may revoke the designation of a certified market participant and terminate the cooperative agreement if there is a violation of the Act or rules. C. Civil penalties shall be assessed only be a ruling of the board after an adjudicatory hearing in accordance with the Louisiana Administrative Procedure Act. AUTHORITY NOTE: Promulgated in accordance with R.S. 3:3704. HISTORICAL NOTE: Promulgated by the Department of Agriculture and Forestry, Office of Management and Finance, Agricultural Industry Board, LR 12:508 (August 1986).