Minn. Stat. § 65B.01

PURPOSES, CONSTRUCTION AND SCOPE.

Applied in 1 court decision — leading case Stand Up Multipositional Advantage MRI, P.A. v. American Family Insurance Company, a Wisconsin corporation, Michael Schultz, Ilya Knyazev, Thomas Bennerotte, Jed Benjamin Iverson, Gabriel Johnson, Michael Fay, Brad Ratgen, Landon Barakow, Lebertha Porter (2016)

Most recently applied in Stand Up Multipositional Advantage MRI, P.A. v. American Family Insurance Company, a Wisconsin corporation, Michael Schultz, Ilya Knyazev, Thomas Bennerotte, Jed Benjamin Iverson, Gabriel Johnson, Michael Fay, Brad Ratgen, Landon Barakow, Lebertha Porter (April 2016)

1971 c 813 s 1; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92; 1992 c 520 s 2

Subdivision 1. Purpose.

The purposes of sections 65B.01 to 65B.12 are to provide the guarantee that automobile insurance coverage will be available to any person who is unable to procure such insurance through ordinary methods by providing a facility for the placement of automobile insurance risks with insurers, and to preserve to the public the benefits of price competition by encouraging maximum use of the normal private insurance system. Sections 65B.01 to 65B.12 shall be liberally construed to effect the purposes stated.

Subd. 2. Scope and membership.

Every insurer authorized to write automobile liability or physical damage insurance in this state, as a condition precedent to being licensed or to retain such license to write such insurance in this state, shall be a member of the facility and shall participate therein under the terms and provisions of sections 65B.01 to 65B.12 .

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.