Minn. Stat. § 60K.50
This is the official text of Minn. Stat. § 60K.50, part of Minnesota’s Stat — part of the compiled statutory law of Minnesota, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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§ 60K.50 LIMITATION ON APPOINTMENTS.
Official statutory text
No insurer or representative of an insurer shall knowingly appoint a producer who is known to the insurer or representative to have engaged in any of the activities in section 60K.43 or to be otherwise unqualified or unfit. Upon discovery by the insurer or a representative of the insurer that an appointed producer has engaged in any of the activities in section 60K.43 or is otherwise unqualified or unfit, the insurer shall immediately terminate the appointment and notify the commissioner as set forth in section 60K.51 . No insurer shall employ a producer whose license has been revoked.
Status: in_force · Read it on the official government site
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