Minnesota Statutes
§ 353.16 — AUDIT OF BOOKS AND ACCOUNTS; INSURANCE LAWS NOT APPLICABLE
Minnesota § 353.16
This text of Minnesota § 353.16 (AUDIT OF BOOKS AND ACCOUNTS; INSURANCE LAWS NOT APPLICABLE) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 353.16 (2026).
Text
None of the laws of this state regulating insurance or insurance companies shall apply to the retirement association or any of its funds. The books and accounts of the association and the retirement fund shall be examined and audited annually, if funds and personnel permit, by the legislative auditor of the state and a full and detailed report thereof made to the board of trustees. The cost of any examination shall be paid by the retirement association in accordance with the provisions of section16A.127, subdivision 7, and for the purposes of this section the public employees retirement association shall be considered a state agency as referred to in section16A.127, subdivision 7.
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Legislative History
(254-41)1931 c 307 s 19;1933 c 374 s 1;1959 c 645 s 1;1959 c 650 s 58;1971 c 106 s 15;1974 c 229 s 11;1979 c 50 s 45;1981 c 224 s 80
Nearby Sections
15
§ 353.01
DEFINITIONS§ 353.014
FEDERALLY PROTECTED MILITARY LEAVE§ 353.0141
OTHER MILITARY LEAVE§ 353.017
EMPLOYEES OF LABOR ORGANIZATIONS§ 353.03
BOARD OF TRUSTEES§ 353.031
DISABILITY DETERMINATION PROCEDURES§ 353.05
CUSTODIAN OF FUNDS§ 353.14
BENEFITS FROM OTHER FUNDSCite This Page — Counsel Stack
Bluebook (online)
Minnesota § 353.16, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/353/353.16.