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Minnesota Statutes Insurance (Ch. 59A-79a) § 60A.58. Supplemental provisions

Current as of January 01, 2025 | Updated by Findlaw Staff

Subdivision 1. Effect.Sections 60A.50to60A.592are supplemental to any other provisions of the laws of this state, and must not preclude or limit any other powers or duties of the commissioner under such laws, including, but not limited to, chapter 60B andsections 62D.041,62D.042,62D.18, and62D.181.

Subd. 2. Exemption. The commissioner may exempt from the application ofsections 60A.50to60A.592a domestic health organization that:

(1) writes direct business only in this state;

(2) assumes no reinsurance in excess of five percent of direct premium written; and

(3) writes direct annual premiums for comprehensive medical business of $2,000,000 or less.

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Cite this article: FindLaw.com - Minnesota Statutes Insurance (Ch. 59A-79a) § 60A.58. Supplemental provisions - last updated January 01, 2025 | https://codes.findlaw.com/mn/insurance-ch-59a-79a/mn-st-sect-60a-58/

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