§ 67A.26 — Penalties
Plain-Language Summary
Anyone who knowingly makes false or fraudulent statements on an insurance application or about the company's condition commits a misdemeanor. Officers or employees who fail to follow any part of the township mutual fire insurance laws also commit a misdemeanor.
67A.26 PENALTIES.
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Subdivision 1.Fraudulent statements.
Any person, officer, or member who shall knowingly or willfully make any false or fraudulent statement or representation in reference to any application for membership under sections 67A.01 to 67A.26, or any false or fraudulent statement as to the transactions or condition of the company of which the person is a member or officer, shall be guilty of a misdemeanor. §
Subd. 2.Noncompliance by officers or employees.
Any officer of any such company, or employee thereof, who shall neglect or refuse to comply with, or violates any of the provisions of sections 67A.01 to 67A.26, shall be guilty of a misdemeanor.
History:
1967 c 395 art 8 s 26; 1971 c 23 s 8,9; 1986 c 444
History: History: 1967 c 395 art 8 s 26; 1971 c 23 s 8,9; 1986 c 444