{"data":{"id":"us-mn/minn.-stat.-61a.16","jurisdiction":"us-mn","citation":"Minn. Stat. § 61A.16","heading":"CONTRACT PROVISIONS.","body":"Any contract on a variable basis providing benefits payable in variable amounts delivered or issued for delivery in this state shall contain a statement of the essential features of the procedures to be followed by the insurance company in determining the dollar amount of such variable benefits. Any such contract, including a group contract and any certificate in evidence of variable benefits issued thereunder, shall state the manner in which such dollar amounts will vary and shall contain on its first page a statement to the effect that the benefits thereunder are on a variable basis.","path":["INSURANCE","CHAPTER 61A. LIFE INSURANCE","CONTRACTS -- VARIABLE BASIS"],"source_url":"https://www.revisor.mn.gov/statutes/cite/61A.16","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:28Z","sha256":"bba458ab4f3853ba7825cd6bbadd89108ddabb8df4705caa197f849cca820429","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-61a.15","next":"us-mn/minn.-stat.-61a.17"},"notice":"GroundRules: Original legal text. Not legal advice."}
