There is a newer version of the Minnesota Statutes
2016 Minnesota Statutes
Chapters 59A - 79A — INSURANCE
Chapter 62S — QUALIFIED LONG-TERM CARE INSURANCE POLICIES
Section 62S.33 — PENALTIES.
MN Stat § 62S.33 (2016) What's This?
62S.33 PENALTIES. In addition to any other penalties provided by the laws of this state, an insurer or agent found to have violated any requirement of this state relating to the regulation of long-term care insurance or the marketing of the insurance is subject to a fine of up to three times the amount of any commissions paid for each policy involved in the violation or up to $10,000, whichever is greater.
History: 1997 c 71 art 1 s 33
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