60A.26 SUSPENSION OF INSURERS; NOTIFICATIONS AND REPORTS.
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/mn/chapter-60/60a-26A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
60A.26 SUSPENSION OF INSURERS; NOTIFICATIONS AND REPORTS.
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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.
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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.