2005 Minnesota Statutes

     60D.27 Revocation, suspension, or nonrenewal of 
  insurer's license. 

    Whenever it appears to the commissioner that any person has 
 committed a violation of this chapter that makes the continued 
 operation of an insurer contrary to the interests of 
 policyholders or the public, the commissioner may, after giving 
 notice and an opportunity to be heard, determine to suspend, 
 revoke, or refuse to renew the insurer's license or authority to 
 do business in this state for the period the commissioner finds 
 is required for the protection of policyholders or the public.  
 The determination must be accompanied by specific findings of 
 fact and conclusions of law. 

    HIST: 1991 c 325 art 14 s 14