§ 27-29-11 - Immunity from prosecution.

SECTION 27-29-11

   § 27-29-11  Immunity from prosecution.– If any person shall ask to be excused from attending and testifying or fromproducing any books, papers, records, correspondence or other documents at anyhearing on the ground that the testimony or evidence required may tend toincriminate or subject the person to a penalty or forfeiture, and shallnotwithstanding be directed to give the testimony or produce the evidence, theperson shall nonetheless comply with the direction, but shall not after this beprosecuted or subjected to any penalty or forfeiture on account of anytransaction, matter, or thing concerning on which the person may testify orproduce evidence, and no testimony given or evidence produced shall be receivedagainst the person upon any criminal action, investigation, or proceeding.However, no person testifying shall be exempt from prosecution or punishmentfor any perjury committed while testifying and the testimony or evidence givenor produced shall be admissible against the person upon any criminal action,investigation, or proceeding concerning that perjury, nor shall the person beexempt from the refusal, revocation, or suspension of any license, permission,or authority conferred, or to be conferred, pursuant to the insurance law ofthis state. Any person may execute, acknowledge, and file in the office of thecommissioner a statement expressly waiving this immunity or privilege inrespect to any transaction, matter, or thing specified in the statement andthereupon the testimony of the person or the evidence in relation to thetransaction, matter, or thing may be received or produced before any judge orjustice, court, tribunal, grand jury, or otherwise, and if received or producedthe person shall not be entitled to any immunity or privilege on account of anytestimony the person may give or evidence produced.