™Your Policy Risk Impact Agent
1,133 chapters · 28,438 sections in this title.
Minn. Stat. § 60L.01 DEFINITIONS.
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60L.01 DEFINITIONS. § Subdivision 1.Application. For purposes of sections 60L.01 to 60L.15, the definitions in subdivisions 2 to 15 have the meanings given them. § Subd. 2.Admitted assets. "Admitted assets" means the assets as shown by an insurer's financial statement most recent…
Minn. Stat. § 60L.02 REQUIREMENTS.
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60L.02 REQUIREMENTS. § Subdivision 1.Life insurers. In order to be eligible to be governed by sections 60L.01 to 60L.15, a life insurer must meet the following requirements: (a) For each calendar year during which sections 60L.01 to 60L.15 apply to the insurer, the insurer shall …
Minn. Stat. § 60L.03 MINIMUM FINANCIAL SECURITY BENCHMARK.
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60L.03 MINIMUM FINANCIAL SECURITY BENCHMARK. § Subdivision 1.Amount. Except as otherwise provided in subdivisions 2 and 3, the amount of the minimum financial security benchmark for an insurer is the greater of: (1) the authorized control level risk-based capital applicable to th…
Minn. Stat. § 60L.04 AUTHORIZED INVESTMENTS.
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60L.04 AUTHORIZED INVESTMENTS. § Subdivision 1.Authorization. Subject to the provisions of sections 60L.01 to 60L.15, an insurer may loan or invest its funds, and may buy, sell, hold title to, possess, occupy, pledge, convey, manage, protect, insure, and deal with its investments…
