33-1-411. Destruction of records — hindrance of examination — penalty. A director, officer, agent, or employee of a company who for the purpose of hindering any examination conducted pursuant to this part destroys any books, records, or documents required to be kept by law shall be punished by a fine as provided in 33-1-317. After notice and hearing in accordance with Title 33, chapter 1, part 7, the commissioner may revoke the certificate of authority of the company.

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.