Public-domain · open source
OpenJurist

Minn. Stat. § 60A.12

ASSETS AND LIABILITIES.

1967 c 395 art 1 s 12; 1975 c 359 s 23; 1978 c 465 s 6; 1986 c 444; 1991 c 325 art 16 s 1; 1992 c 540 art 2 s 8; 1992 c 564 art 1 s 17,54; 1993 c 299 s 2; 2000 c 350 s 2

Subdivision 1.

[Repealed, 2000 c 350 s 16 ]

Subd. 2.

[Repealed, 1991 c 325 art 8 s 18 ]

Subd. 3.

[Repealed, 2000 c 350 s 16 ]

Subd. 4.

[Repealed, 2000 c 350 s 16 ]

Subd. 5. Loss reserves.

When, in the judgment of the commissioner, the loss reserves, calculated in accordance with statutory accounting practices as set forth in the National Association of Insurance Commissioners' accounting practices and procedures manual are inadequate, the commissioner may require the corporation to maintain additional reserves.

Subd. 6.

[Repealed, 1978 c 465 s 15 ]

Subd. 7.

[Repealed, 2000 c 350 s 16 ]

Subd. 8.

[Repealed, 2000 c 350 s 16 ]

Subd. 9.

[Repealed, 2000 c 350 s 16 ]

Subd. 10.

[Repealed, 1993 c 299 s 33 ]

Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.