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.
1971 c 568 s 12; 1985 c 248 s 70; 1986 c 444; 1993 c 13 art 2 s 1
Structure Minnesota Statutes
Chapters 59A - 79A — Insurance
Chapter 62C — Nonprofit Health Service Plan Corporations
Section 62C.01 — Nonprofit Health Service Plan Corporations Act.
Section 62C.03 — Service Plan Corporations Authorized.
Section 62C.04 — Organization.
Section 62C.05 — Articles Of Incorporation; Bylaws.
Section 62C.06 — Approval Of Articles And Bylaws.
Section 62C.07 — Directors; Management.
Section 62C.08 — Certificate Of Authority.
Section 62C.09 — Financial Requirements.
Section 62C.11 — Financial Statements And Examinations.
Section 62C.13 — Authorized Contracts And Agreements.
Section 62C.14 — Subscriber Contracts.
Section 62C.142 — Continuation And Conversion Privileges For Former Spouses And Children.
Section 62C.15 — Subscription Charges.
Section 62C.16 — Service Agreements.
Section 62C.17 — License For Solicitor Or Agent.
Section 62C.18 — Personal Liability.
Section 62C.19 — Unfair Trade Practices.