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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 60A.964: FEES.

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Where this section sits in the code
  1. INSURANCE
  2. CHAPTER 60A. GENERAL INSURANCE POWERS
  3. VIATICAL SETTLEMENTS

Subdivision 1. Amount.

The licensing fee for a viatical settlement provider, viatical settlement broker, or viatical settlement investment agent license is $750 for initial licensure and $250 for each annual renewal. The fees must be limited to the cost of license administration and enforcement and must be deposited in the state treasury, credited to a special account, and appropriated to the commissioner.

Subd. 2. Automatic revocation.

A license is automatically revoked for failure to pay the licensing fee within the terms prescribed by the commissioner.

Collected 2026-09-02T22:10:28Z. Source file · JSON

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