§449-4 - Administrative penalty.

     §449-4  Administrative penalty.  Any person who wilfully violates any of the provisions of this chapter, shall be subject to an administrative fine of $5,000 for each violation.  No licensee shall be subject to this penalty for a violation of section 449-16(b) or (c) if the violation was not intentional or resulted from a bona fide error, notwithstanding the maintenance of procedures reasonably adopted to avoid that error.  Examples of bona fide errors include, but are not limited to, clerical miscalculations, computer malfunction, printing errors, and computer programming errors. [L 1967, c 144, pt of §1; HRS §449-4; am L 1986, c 331, §2; am L 1992, c 205, §5]