20-219. Mandatory revocation or suspension

The director shall refuse to renew or shall revoke or suspend an insurer's certificate of authority:

1. If such action is required by any provision of this title, or

2. If the insurer no longer meets the requirements for the authority originally granted, on account of deficiency in assets or otherwise.

20-219. Mandatory revocation or suspension

The director shall refuse to renew or shall revoke or suspend an insurer's certificate of authority:

1. If such action is required by any provision of this title, or

2. If the insurer no longer meets the requirements for the authority originally granted, on account of deficiency in assets or otherwise.