59A.05 Revocation and suspension of licenses.
The commissioner may after a hearing revoke, suspend, or refuse to renew the license of any licensee if it appears to the commissioner that:
(a) The license was obtained by fraud;
(b) There was any misrepresentation in the application for the license;
(c) The holder of the license is untrustworthy or incompetent to finance insurance premiums, or is involved in any fraudulent, dishonest or deceptive practice; or
HIST: 1974 c 353 s 5; 1986 c 444
Official Publication of the State of Minnesota
Revisor of Statutes