Minnesota § 60D.27 REVOCATION, SUSPENSION, OR NONRENEWAL OF INSURER'S LICENSE

Minnesota Statutes

§ 60D.27 — REVOCATION, SUSPENSION, OR NONRENEWAL OF INSURER'S LICENSE

Minnesota § 60D.27

PartINSURANCE

Ch. 60DINSURANCE HOLDING COMPANY SYSTEMS

This text of Minnesota § 60D.27 (REVOCATION, SUSPENSION, OR NONRENEWAL OF INSURER'S LICENSE) 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. § 60D.27 (2026).

Text

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.

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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.