Minn. Stat. § 79.53
This is the official text of Minn. Stat. § 79.53, 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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§ 79.53 PREMIUM CALCULATION.
Official statutory text
§ Subdivision 1. Method of calculation. Each insurer shall establish premiums to be paid by an employer according to its filed rates and rating plan as follows: Rates shall be applied to an exposure base to yield a base premium which may be further modified by merit rating, premium discounts, and other appropriate factors contained in the rating plan of an insurer to produce premium if the increase or decrease is not unfairly discriminatory. Nothing in this chapter shall be deemed to prohibit the use of any premium, provided the premium is not excessive, inadequate or unfairly discriminatory.
§ Subd. 2. [Repealed, 1995 c 231 art 1 s 36 ; art 2 s 110]
§ Subd. 2. [Repealed, 1995 c 231 art 1 s 36 ; art 2 s 110]
Status: repealed · Read it on the official government site
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