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  1. The commissioner may, after notice and opportunity for a hearing, respond to a violation of a provision of this part 17 by:
    1. Taking disciplinary action against any supervising entity pursuant to section 10-2-801;
    2. Imposing other penalties, including suspending the license of a supervising entity for a violation of this part 17, as the commissioner considers necessary or convenient to carry out this part 17; or
    3. Suspending or revoking the ability of any individual working for or acting on behalf of a self-storage retailer to act under the limited lines self-storage insurance producer license.

Source: L. 2017: Entire part added, (HB 17-1263), ch. 368, p. 1919, § 1, effective August 9.