ADDITIONAL REQUIRED DISCLOSURE; SERVICE CONTRACTS.

59B.06 ADDITIONAL REQUIRED DISCLOSURE; SERVICE CONTRACTS. § Subdivision 1.Insurance disclosure. Service contracts insured under a reimbursement insurance policy pursuant to section 59B.03, subdivision 4, clause (1), must contain a statement in substantially the following form: "Obligations of the provider under this service contract are insured under a service contract reimbursement insurance policy." The service contract must also state the name and address of the insurer. § Subd. 2.Disclosure of no insurance. Service contracts not insured under a reimbursement insurance policy pursuant to section 59B.03, subdivision 4, clause (1), must contain a statement in substantially the following form: "Obligations of the provider under this service contract are backed by the full faith and credit of the provider." History: 1Sp2005 c 1 art 5 s 6