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62A.41.4
Statute ID:
19488
Statute Function ID:
39222
Medicare supplement insurance - Person acts or assumes to act as an insurance producer w/out license
In Effect
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Function Details
History
Text
Penalty
Classifications
Offense Level:
Felony (F)
General Offense Code:
Property (2)
Offense Summary Code & Rank:
Counterfeiting/Fraud, etc (C) (Rank 23)
Detailed Offense Code:
Fraudulent Trade/Commerce (290)
Offense Severity Level:
Function Text:
UCR Code
Description
Flags
Crime of Violence:
No
Targeted Misdemeanor:
No
Predatory Offender Registration Review:
No
Enhanceable:
No
Certify to DPS:
No
Report to DNR:
No
DPS Group:
No
Conditional Release:
No
Payable:
No
Petty Misdemeanor Only if Prosecutor Certifies:
No
Third Violation Indicator:
No
Qualified Domestic Violence Related:
No
Nonviolent Controlled Substance Offender Review:
No
Wildlife Restitution:
No
Statute Number:
62A.41.4
Enactment Date:
May 17, 2001
Effective Date:
Jul 1, 2002
Expiration Date:
Repealed?:
No
Summary Text:
Medicare supplement insurance - Person acts or assumes to act as an insurance producer w/out license
Statute ID:
19488
Created:
Nov 28, 2023 by mnjis.legal.analyst@state.mn.us
Updated:
Nov 28, 2023 by mnjis.legal.analyst@state.mn.us
Last Update Action:
Added
Legal Analyst Comment:
Added per request; Last amended 2001 c 117 art 2 s 7
Summary Text:
Medicare supplement insurance - Person acts or assumes to act as an insurance producer w/out license
Link to MN Statute Text:
https://www.revisor.leg.state.mn.us/stats/62A/41.html
Legislative Session:
2001 - Regular
Session Law Text?:
No
Statute text last updated on:
Nov 28, 2023
Notwithstanding section 60K.32, a person who acts or assumes to act as an insurance producer without a valid license for the purpose of selling or attempting to sell Medicare supplement insurance, and the person who aids or abets the actor, is guilty of a felony and is subject to a civil penalty of not more than $5,000 per violation.