Minn. Stat. § 60A.68
This is the official text of Minn. Stat. § 60A.68, part of Minnesota’s Stat — part of the compiled statutory law of Minnesota, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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§ 60A.68 SUPPLEMENTAL PROVISIONS; RULES; EXEMPTION.
Official statutory text
(a) Sections 60A.60 to 60A.696 are supplemental to other laws of this state and do not preclude or limit other powers or duties of the commissioner under those laws, including, but not limited to, chapters 60B and 60G.
(b) The commissioner may exempt from the application of sections 60A.60 to 60A.696 a domestic property and casualty insurer that:
(1) writes direct business only in this state;
(2) writes direct annual premiums of $2,000,000 or less; and
(3) assumes no reinsurance in excess of five percent of direct premium written.
(b) The commissioner may exempt from the application of sections 60A.60 to 60A.696 a domestic property and casualty insurer that:
(1) writes direct business only in this state;
(2) writes direct annual premiums of $2,000,000 or less; and
(3) assumes no reinsurance in excess of five percent of direct premium written.
Status: in_force · Read it on the official government site
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