Minnesota § 60A.26 SUSPENSION OF INSURERS; NOTIFICATIONS AND REPORTS

Minnesota Statutes

§ 60A.26 — SUSPENSION OF INSURERS; NOTIFICATIONS AND REPORTS

Minnesota § 60A.26

PartINSURANCE

Ch. 60AGENERAL INSURANCE POWERS

This text of Minnesota § 60A.26 (SUSPENSION OF INSURERS; NOTIFICATIONS AND REPORTS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 60A.26 (2026).

Text

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.

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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.