59A.05 REVOCATION AND SUSPENSION OF LICENSES.
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/mn/chapter-59/59a-05A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
59A.05 REVOCATION AND SUSPENSION OF LICENSES.
The commissioner may after a hearing revoke, suspend, or refuse to renew the license of any licensee if it appears to the commissioner that:
(a)the license was obtained by fraud;
(b)there was any misrepresentation in the application for the license;
(c)the holder of the license is untrustworthy or incompetent to finance insurance premiums, or is involved in any fraudulent, dishonest or deceptive practice; or
(d)the licensee has violated any of the provisions of sections 59A.01 to 59A.15 or rules adopted pursuant to sections 59A.01 to 59A.15 .