Minnesota Statutes 609B.110 – Insurance Contracts; Agent and Insurance Business Disqualification

Current as of: 2023 | Check for updates | Other versions

Upon conviction for a violation under sections 60K.30 to 60K.56, the commissioner of commerce shall suspend the authority of a convicted agent to transact any insurance business within the state for a period of not less than three months under section 72A.07.

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Terms Used In Minnesota Statutes 609B.110

Conviction: A judgement of guilt against a criminal defendant.
state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44

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