Minn. Stat. § 65A.11
This is the official text of Minn. Stat. § 65A.11, 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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§ 65A.11 PAYMENT TO MORTGAGEE.
Official statutory text
When the whole, or any part, of the loss is payable, in terms or otherwise, to or for one or more mortgagees, upon proof before payment of the rights of the parties, the company shall pay the same in the order of priority to the extent of its liability and every such payment to such extent shall be payment and satisfaction of its liability under the policy.
Status: in_force · Read it on the official government site
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