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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 60C.18: RECOGNITION OF ASSESSMENTS IN RATES.

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Where this section sits in the code
  1. INSURANCE
  2. CHAPTER 60C. INSURANCE GUARANTY ASSOCIATION

Subdivision 1. Recognition required.

The rates and premiums charged for insurance policies and fidelity and surety bonds to which this chapter applies may include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association. The rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.

Subd. 2.

[Repealed, 2003 c 74 s 11]

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

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