Formal administrative action definition

Formal administrative action means consent decrees, cease and desist orders, stipulations, suspensions, revocations, license denials, fines, forfeitures, settlement agreements, license restrictions or actions limiting the intermediary’s method of con- ducting an insurance business but does not include administrative actions based solely on failing to comply with continuing educa- tion requirements or solely on failing to pay a regulation fee for licensing.
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Formal administrative action means consent decrees, cease and desist orders, stipulations, suspensions, revocations,
Sample 1Sample 2Sample 3
Formal administrative action means consent decrees, cease and desist orders, stipulations, suspensions, revocations, license denials, fines, forfeitures, settlement agreements, license restrictions or actions limiting the intermediary's method of conducting an insurance business but does not include administrative actions based solely on failing to comply with continuing education requirements or solely on failing to pay a regulation fee for licensing.
Sample 1Sample 2Sample 3

More Definitions of Formal administrative action

Formal administrative action means consent decrees, cease and desist orders, stipulations, suspensions, revocations, license denials, fines, forfeitures, settlement agreements, navigator license restrictions or other actions limiting the navigator’s method of transacting the business of insurance.
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Related to Formal administrative action

  • Corrective action means action taken to eliminate the cause of a potential or real non- conformity or other undesirable situation;

  • Corrective Action Plan has the meaning set forth in Section II.A.2.

  • Solvency II Directive means Directive 2009/138/EC of the European Parliament and of the Council of the European Union of 25 November 2009 on the taking-up and pursuit of the business of insurance and reinsurance (Solvency II);

  • Formal complaint means a document filed by a complainant or signed by the Title IX Coordinator alleging sexual harassment against a respondent and requesting an investigation of the allegation of sexual harassment.

  • Administrative hearing means a type of hearing that an appellant may elect in which the presiding officer reviews the written record only and makes a decision based on the facts available within the appeal file. An administrative hearing does not require an in-person or teleconference hearing. The final determination to establish whether an administrative hearing may be held will be made by the appeals section or the presiding officer.

  • Hearing Officer means any individual or board charged with the duty of rendering decisions at any stage on grievances hereunder.

  • Health and Human Services or “HHS” includes HHSC and DSHS.

  • Administrative proceeding means a non-judicial process that is adjudicatory in nature in order to make a determination of fault or liability (e.g., Securities and Exchange Commission Administrative Proceedings, Civilian Board of Contract Appeals Proceedings, and Armed Services Board of Contract Appeals Proceedings). This includes administrative proceedings at the Federal and State level but only in connection with performance of a Federal contract or grant. It does not include agency actions such as contract audits, site visits, corrective plans, or inspection of deliverables.