Minnesota Administrative Rules
Agency 120 - Commerce Department
Chapter 2795 - INSURANCE AGENTS
Part 2795.0700 - CRIMINAL CONVICTIONS; DISCIPLINARY ACTIONS IN OTHER STATES

Universal Citation: MN Rules 2795.0700

Current through Register Vol. 49, No. 13, September 23, 2024

Subpart 1. Report of conviction.

An agent who is convicted of a felony, gross misdemeanor, or a misdemeanor involving moral turpitude must report the conviction to the commissioner within ten working days of the conviction.

Subp. 2. Report of disciplinary action.

An agent whose insurance, securities, or real estate license is suspended or revoked in another state, or who has been ordered to pay a civil penalty because of conduct in the insurance, securities, or real estate industries in another state, must report the disciplinary action to the commissioner within ten working days of the effective date of the action.

Statutory Authority: MS s 60A.17

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