60B.07 COOPERATION OF OFFICERS AND EMPLOYEES.
Subdivision 1. Duty to cooperate.
Any officer, manager, trustee, agent or general agent of
any insurer and any other person with executive authority over or in charge of any segment of the
insurer's affairs having notice of the proceedings shall cooperate with the commissioner in any
proceeding under sections
or any investigation preliminary or incidental to the
proceeding. "To cooperate" includes, but is not limited to, the following:
(a) to reply promptly in writing to any inquiry from the commissioner requesting such a
(b) to make available and deliver to the commissioner any books, accounts, documents,
or other records, or information or property of or pertaining to the insurer and in that person's
possession, custody, or control.
Subd. 2. Duty not to obstruct.
No person shall obstruct or interfere with the commissioner in
the conduct of any delinquency proceeding or any investigation preliminary or incidental thereto.
Subd. 3. Right to defend.
This section shall not render it illegal to resist by legal proceedings
the petition for liquidation or other delinquency proceedings, other orders or the request or
demand for cooperation under subdivision 1.
Subd. 4. Sanction.
Any person included within subdivision 1 who fails to cooperate with the
commissioner, or any person who obstructs or interferes with the commissioner in the conduct of
any delinquency proceeding or any investigation preliminary or incidental thereto, may be fined
not more than $10,000 or imprisoned in the county jail not more than one year or both.
History: 1969 c 708 s 7; 1984 c 628 art 3 s 11; 1986 c 444