Can a person's license be suspended or revoked for violating this article?

A person's license can indeed be suspended or revoked for violating the relevant article, reflecting the serious nature of compliance in the surplus lines insurance sector. The provisions within the article establish a framework for maintaining ethical and legal standards in the industry. When individuals violate these standards, authorities have the discretion to impose significant penalties, including license suspension or revocation.

This serves as a deterrent, ensuring that licensees comply with the regulations designed to protect consumers and maintain the integrity of the insurance market. The penalties may be applied in conjunction with other disciplinary actions, emphasizing that violations can have severe consequences beyond mere fines or warnings. Therefore, the answer that indicates license suspension or revocation, along with other penalties, aligns with the enforcement mechanisms intended to uphold the standards established by the article.