Note
State innovation waiver task force; health care reform plan; reports to 2015-2017 legislature (dissolved June 30, 2017). L 2014, c 158; L 2015, c 184.
[§431:2-201.3 Criminal convictions; consent to engage in business.] (a) Any person who is engaged in the business of insurance or who is about to engage in the business of insurance in this State and who has been convicted of any felony shall request the commissioner's written consent to engage in the business of insurance.
(b) After receipt of the request, the commissioner, in writing, may:
(1) Consent to the person engaging in the business of insurance;
(2) Provide a limited consent; or
(3) Deny the individual the privilege of engaging in the business of insurance.
(c) Any person who fails to submit the request as required by this section and who engages in the business of insurance without the written consent of the commissioner shall be in violation of this chapter and subject to the fines and penalties provided under this chapter.
(d) The commissioner may prescribe the format and content of the form used to request the commissioner's written consent to engage in the business of insurance. [L 2000, c 73, §1]
Section: Previous 431-2-106 431-2-107 431-2-108 431-2-109 431-2-110 431-2-201 431-2-201.2 431-2-201.3 431-2-201.5 431-2-201.8 431-2-202 431-2-202.5 431-2-203 431-2-204 431-2-205 NextLast modified: October 27, 2016