Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
60K.50 LIMITATION ON APPOINTMENTS.
No insurer or representative of an insurer shall knowingly appoint a producer who is known
to the insurer or representative to have engaged in any of the activities in section 60K.43 or
to be otherwise unqualified or unfit. Upon discovery by the insurer or a representative of the
insurer that an appointed producer has engaged in any of the activities in section 60K.43 or is
otherwise unqualified or unfit, the insurer shall immediately terminate the appointment and notify
the commissioner as set forth in section 60K.51. No insurer shall employ a producer whose
license has been revoked.
History: 2001 c 117 art 1 s 21
No insurer or representative of an insurer shall knowingly appoint a producer who is known
to the insurer or representative to have engaged in any of the activities in section 60K.43 or
to be otherwise unqualified or unfit. Upon discovery by the insurer or a representative of the
insurer that an appointed producer has engaged in any of the activities in section 60K.43 or is
otherwise unqualified or unfit, the insurer shall immediately terminate the appointment and notify
the commissioner as set forth in section 60K.51. No insurer shall employ a producer whose
license has been revoked.
History: 2001 c 117 art 1 s 21
Official Publication of the State of Minnesota
Revisor of Statutes