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Statutes > Minnesota Laws > Chapters 59A - 79A Insurance > Chapter 72A Insurance Industry Trade Practices > Section 72A.135 Failure to Follow Dividend and Pricing Policy; Penalties

STATE STATUTES & CODES

MINNESOTA STATUTES AND CODES

Section 72A.135 Failure to Follow Dividend and Pricing Policy; Penalties

72A.135 FAILURE TO FOLLOW DIVIDEND AND PRICING POLICY; PENALTIES.

An insurer failing to file and adhere to the plan required by section 61A.03, subdivision 2, paragraph (h), is subject to a civil penalty of not more than $5,000 for each violation.

History:

1983 c 292 s 3

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