2005 Minnesota Statutes

     60A.26 Suspension of insurers; notifications and reports.

    Subdivision 1.    Other states.  The commissioner of 
 commerce shall notify the insurance departments of all other 
 states whenever, under any law then in effect, the commissioner 
 suspends the right of a foreign or domestic insurer to transact 
 business in this state.  

    Subd. 2.    NAIC.  The commissioner of commerce shall 
 report public regulatory actions, investigative information, and 
 complaints to the appropriate reporting system or database of 
 the National Association of Insurance Commissioners. 

    HIST: 1967 c 369 s 1; 1983 c 289 s 114 subd 1; 1984 c 655 art 
 1 s 92; 1986 c 444; 1995 c 258 s 8