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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 62C.12: SUSPENSION.

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Where this section sits in the code
  1. INSURANCE
  2. CHAPTER 62C. NONPROFIT HEALTH SERVICE PLAN CORPORATIONS

A service plan corporation shall be subject to section 60A.052, relating to the denial, suspension or revocation of a certificate of authority, and to chapter 60B. The commissioner also may suspend or revoke a certificate for any violation or noncompliance with Laws 1971, chapter 568 following a hearing under procedures established by rules of the commissioner. The commissioner may suspend or revoke the certificate of authority of a foreign service plan corporation for the same reasons for which a domestic corporation's certificate may be suspended or revoked, and further, may revoke or suspend the certificate of a foreign service plan corporation if its activities outside the state of Minnesota impair its solvency or its ability to meet its obligations in this state.

Collected 2026-09-02T22:10:28Z. Source file · JSON

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