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2021 Minnesota Statutes
Chapters 609 - 624 — Crimes; Expungement; Victims
Chapter 609B — Collateral Sanctions
Section 609B.111 — Life Insurance Policy Misrepresentation; License Revocation.
Universal Citation: MN Stat § 609B.111 (2021)
609B.111 LIFE INSURANCE POLICY MISREPRESENTATION; LICENSE REVOCATION.
The license of any company that authorizes or permits a violation of section 72A.12, subdivision 2, shall be revoked. Upon a conviction under section 72A.12, subdivision 3, the commissioner of commerce shall revoke the license of a company and its agents, and grant no new license within one year after the conviction.
History:2005 c 136 art 14 s 18
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