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A Tennessee producer repeatedly violates licensing provisions, and the Commissioner assesses multiple civil penalties. What is the aggregate monetary cap on penalties imposed under T.C.A. § 56-6-112(g)?

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Answer & full 3-part explanation (select an option above, or peek)

Why C is correct

T.C.A. § 56-6-112(g)(1)–(3) sets the civil-penalty scheme for licensing violations at up to $1,000 per violation, with an aggregate cap of $100,000. The per-violation amount can accumulate — each day of continued violation is a separate violation — but the total penalties for the violations may not exceed the $100,000 aggregate ceiling.

Why the other options are wrong

  • A) $1,000 is the per-violation maximum, not the aggregate cap on all penalties.
  • B) $300,000 is a guaranty-association limit, unrelated to the penalty scheme of T.C.A. § 56-6-112(g).
  • D) $250,000 is the annuity guaranty-association cap, not the aggregate civil-penalty ceiling.

Memory hook

A thousand per violation, a hundred grand the total — that is the Tennessee cap.

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