Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
72A.07 VIOLATIONS OF LAWS RELATING TO AGENTS, PENALTIES.
Any person, firm, or corporation violating, or failing to comply with, any of the provisions
of sections 60K.30 to 60K.56 and any person who acts in any manner in the negotiation or
transaction of unlawful insurance with an insurance company not licensed to do business in the
state, or who, as principal or agent, violates any provision of law relating to the negotiation
or effecting of contracts of insurance, shall be guilty of a misdemeanor. Upon the filing of a
complaint by the commissioner of commerce in a court of competent jurisdiction against any
person violating any provisions of this section, the county attorney of the county in which the
violation occurred shall prosecute the person. Upon the conviction of any agent of any violation
of the provisions of sections 60K.30 to 60K.56, the commissioner shall suspend the authority of
the agent to transact any insurance business within the state for a period of not less than three
months. Any insurer employing an agent and failing to procure an appointment, as required by
sections 60K.30 to 60K.56, or allowing the agent to transact business for it within the state before
an appointment has been procured, shall pay the commissioner, for the use of the state, a penalty
of $25 for each offense. Each sale of an insurance policy by an agent who is not appointed by
an insurance company shall constitute a separate offense, but no insurer shall be required to pay
more than $300 in penalties as a result of the activities of a single unappointed agent. In the event
of failure to pay a penalty within ten days' after notice from the commissioner, the authority of
the insurer to do business in this state shall be revoked by the commissioner until the penalty is
paid. No insurer whose authority is revoked shall be readmitted until it shall have complied with
all the terms and conditions imposed for admission in the first instance. Any action taken by the
commissioner under this section shall be subject to review by the district court of the county in
which the office of the commissioner is located.
History: 1967 c 395 art 12 s 7; 1977 c 243 s 4; 1983 c 289 s 114 subd 1; 1984 c 592 s 72;
1984 c 655 art 1 s 92; 1992 c 564 art 3 s 25; 2001 c 117 art 2 s 15
Any person, firm, or corporation violating, or failing to comply with, any of the provisions
of sections 60K.30 to 60K.56 and any person who acts in any manner in the negotiation or
transaction of unlawful insurance with an insurance company not licensed to do business in the
state, or who, as principal or agent, violates any provision of law relating to the negotiation
or effecting of contracts of insurance, shall be guilty of a misdemeanor. Upon the filing of a
complaint by the commissioner of commerce in a court of competent jurisdiction against any
person violating any provisions of this section, the county attorney of the county in which the
violation occurred shall prosecute the person. Upon the conviction of any agent of any violation
of the provisions of sections 60K.30 to 60K.56, the commissioner shall suspend the authority of
the agent to transact any insurance business within the state for a period of not less than three
months. Any insurer employing an agent and failing to procure an appointment, as required by
sections 60K.30 to 60K.56, or allowing the agent to transact business for it within the state before
an appointment has been procured, shall pay the commissioner, for the use of the state, a penalty
of $25 for each offense. Each sale of an insurance policy by an agent who is not appointed by
an insurance company shall constitute a separate offense, but no insurer shall be required to pay
more than $300 in penalties as a result of the activities of a single unappointed agent. In the event
of failure to pay a penalty within ten days' after notice from the commissioner, the authority of
the insurer to do business in this state shall be revoked by the commissioner until the penalty is
paid. No insurer whose authority is revoked shall be readmitted until it shall have complied with
all the terms and conditions imposed for admission in the first instance. Any action taken by the
commissioner under this section shall be subject to review by the district court of the county in
which the office of the commissioner is located.
History: 1967 c 395 art 12 s 7; 1977 c 243 s 4; 1983 c 289 s 114 subd 1; 1984 c 592 s 72;
1984 c 655 art 1 s 92; 1992 c 564 art 3 s 25; 2001 c 117 art 2 s 15
Official Publication of the State of Minnesota
Revisor of Statutes