Office of the Revisor of Statutes
2017 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
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