§431:3-218  Procedure upon revocation;
suspension of certificate of authority.  Upon revoking, suspending, or
refusing to extend an insurer's authority to transact insurance, the
commissioner shall forthwith:



(1)  Give notice thereof to the insurer not fewer than
ten days in advance of the effective date of the revocation or suspension;



(2)  Likewise revoke or suspend all producers'
authority to represent the insurer in this State and give notice thereof to the
producers; and



(3)  Give notice thereof to the insurance supervisory
official of each other state in which the insurer is authorized to transact
insurance; provided that notice to the National Association of Insurance
Commissioners shall satisfy this requirement. [L 1987, c 347, pt of §2; am L
2001, c 216, §6; am L 2004, c 122, §11]