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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
(d) the licensee has violated any of the provisions of sections 59A.01 to 59A.15 or rules
adopted pursuant to sections 59A.01 to 59A.15.
History: 1974 c 353 s 5; 1986 c 444

Official Publication of the State of Minnesota
Revisor of Statutes