St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-05-07

q. F. No. SPAN ACT to amend sections
275, PIG, and 277 of chapter 81 OF the Gen.
eral Statutes Of one thousand eight hundred
and seyenty-eight, relating to the appoint
mem, salary and duties ofinsurance co Dmis
sioners and the appointment OF deputy in.
surance commissioner and his duties and
salary.
Be it enacted by the Legislature Of the State
of Minnesota:
SECTION lit shall be the duty Of the gov
ernor, by and with the advice and consent OF
the senate to appoint one competent person.
a resident and citizen OF this state, and one
who is possessed with the qualifications
hereinafter provided, who SHALL be styled the
insurance commissioner. who shall be sworn
in the manner as provided by law for other
state officers. He shall hold his office for two
years, and execute the duties thereof, as
hereinafter provided until his successor is
appointed and qualified; and in case of va
cancy by death, removal, resignation or other
wise, the governor shall fill the same by APP
polntment. No person who is director. Of
ficer, agent, attorney, or stakeholder OF or
directly or indirectly interested In any lnsur-
ance company, except as insured, shall be in
surance commissioner or deputy commls-
sioner; and no officer or agent OF any 1nsur-
auce company doing business in this state.
shall be deputed to examine the affairs OF
company under this act The said commits
sloner shall keep his Office at the capitol OF
the state and shall give bonds in the sum of
twenty-five thousand dollars (S2o,O0O), with
at least two suretleS to be approved by the
governor, for the faithful discharge OF his
duties.
SEC. 2. Said commissioner shall be paid a
salary of twenty-five hundred dollars
$4,000 per annum; provided that said sal
airy or expense shall in no way be charge
upon the state treasury, over and above the
fees and license receipts paid into the same
by said commissioner.
All necessary blanks, forms, and circulars,
together with such pamphlet copies OF the
insurance law as may be required Tor dlstrl-
button among persons affected by The provis-
ions of this act shall be furnished at the ex-
pense of the state; and if the said commits
sioner shall directly or indirectly receive any
compensation or pay for any service or extra
service, other than as provided in this act he
shall be deemed guilty of felony, and on
conviction thereof, shall be subject to fine
not exceeding five thousand dollars (So, OO0)
or imprisonment in the state prison for
term not exceeding five % years. or both. In
the discretion of the court.
SEC 3. The insurance commissioner shall
appoint deputy commissioner by and with
the approval OF the governor, whose appoint
ment shall be evidenced by writing TO be
kept on file and of record in the Office Of the
secretary of state Said deputy commissioner
shall have power, under the direction OF the
insurance commissioner, to issue licenses to
agents, renewal licenses to companies having
been previously admitted to do business in
the state, receive and receipt for all moneys
paid by insurance companies to the state;
he shall hsye power to accept service OF pro-
cess in all actions against insurance c0mpa-
MES, when such service is made upon the in
surance commissioner, and to act for and in
the name of the insurance commissioner and
do and perform such other and further du
ties pertaining to said Office as said insurance
commissioner; before entering upon his. du-
ties, shall give bonds with two or more sure
ties in the penal sum of fifteen thousand dol
lars (S15, OOO) to be approved by the gov
ernor, for the faithful discharge of his duties
as such deputy. And if the said deputy shall
directly Or indirectly receive any compensa-
ton or pay for any services or extra service
or for neglect or omission of service other
than provided in this act, he shall be deemed
guilty of felony and on conviction thereof
shall be subject to a fine not exceeding five
thousand dollars ($5,0O0) or imprisonment
in the state prison for term not exceeding
five 90 years or both, IN the discretion of the
SEC. 4. The salary of the deputy insurance
commissioner shall be fifteen hundred dol
lars $1,000 a year, which said sum is
hereby appropriated out OF any moneys in
the state treasusy not otherwise appropriated
SEC 5. Sections two hundred ana seven
ty-fiye (275), two hundred and seventy-six
(276), and two hundred and seventy-seven
(277), of chapter thirty four (34) of the Cen
eral Statutes of one Thousand eight hundred
and seventy-eight Il S7S) are herebyrepealed.
SEC 6. This act shall take effect and be in
force from and after its passage.
Approved April "a, 1889.