The commissioner of commerce may use any of the powers established under the insurance laws of this state to enforce the laws of this state not specifically preempted by the Product Liability Risk Retention Act of 1981, as amended by the Risk Retention Amendments of 1986. This includes, but is not limited to, the commissioner's administrative authority to investigate, issue subpoenas, conduct depositions and hearings, issue orders, impose penalties, and seek injunctive relief. With regard to an investigation, administrative proceedings, or litigation, the commissioner can rely on the procedural laws of the state. The injunctive authority of the commissioner in regard to risk retention groups is restricted by the requirement that an injunction be issued by a court of competent jurisdiction.
1987 c 192 s 10; 1993 c 299 s 28
Structure Minnesota Statutes
Chapters 59A - 79A — Insurance
Chapter 60E — Risk Retention Groups
Section 60E.03 — Risk Retention Groups Chartered In This State.
Section 60E.04 — Risk Retention Groups Not Chartered In This State.
Section 60E.05 — Compulsory Associations.
Section 60E.06 — Countersignatures Not Required.
Section 60E.08 — Notice And Registration Requirements Of Purchasing Groups.
Section 60E.09 — Restrictions On Insurance Purchased By Purchasing Groups.
Section 60E.095 — Purchasing Group Taxation.
Section 60E.12 — Duty On Agents Or Brokers To Obtain License.
Section 60E.13 — Binding Effect Of Orders Issued In United States District Court.