§431:8-316  Penalty for failure to file
statement or remit tax.  (a)  If any surplus lines broker fails to:



(1)  File an annual statement; or



(2)  Pay the premium tax required by section 431:8-315
when the tax is due,



the surplus lines broker may be liable for a fine of
up to $25 for each day of delinquency.



(b)  The commissioner may:



(1)  Collect the premium tax required by section
431:8-315 by distraint;



(2)  Recover the premium tax required by section
431:8-315 and fine for failure to pay the premium tax by instituting an action
in any court of competent jurisdiction; or



(3)  Recover the fine for failure to file the annual
statement by instituting an action in any court of competent jurisdiction. [L
1987, c 347, pt of §2; am L 2003, c 212, §49; am L 2006, c 154, §11]