Minnesota § 60A.12 ASSETS AND LIABILITIES

Minnesota Statutes

§ 60A.12 — ASSETS AND LIABILITIES

Minnesota § 60A.12

PartINSURANCE

Ch. 60AGENERAL INSURANCE POWERS

This text of Minnesota § 60A.12 (ASSETS AND LIABILITIES) 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. § 60A.12 (2026).

Text

Subdivision 1. [Repealed,2000 c 350 s 16] Subd.

2.[Repealed,1991 c 325 art 8 s 18] Subd.

3.[Repealed,2000 c 350 s 16] Subd.

4.[Repealed,2000 c 350 s 16] Subd. 5.Loss reserves. When, in the judgment of the commissioner, the loss reserves, calculated in accordance with statutory accounting practices as set forth in the National Association of Insurance Commissioners' accounting practices and procedures manual are inadequate, the commissioner may require the corporation to maintain additional reserves. Subd.

6.[Repealed,1978 c 465 s 15] Subd.

7.[Repealed,2000 c 350 s 16] Subd.

8.[Repealed,2000 c 350 s 16] Subd.

9.[Repealed,2000 c 350 s 16] Subd.

10.[Repealed,1993 c 299 s 33]

Free access — add to your briefcase to read the full text and ask questions with AI

Subdivision 1.
[Repealed,2000 c 350 s 16]

Subd. 2.
[Repealed,1991 c 325 art 8 s 18]

Subd. 3.
[Repealed,2000 c 350 s 16]

Subd. 4.
[Repealed,2000 c 350 s 16]

Subd. 5.Loss reserves.
When, in the judgment of the commissioner, the loss reserves, calculated in accordance with statutory accounting practices as set forth in the National Association of Insurance Commissioners' accounting practices and procedures manual are inadequate, the commissioner may require the corporation to maintain additional reserves.

Subd. 6.
[Repealed,1978 c 465 s 15]

Subd. 7.
[Repealed,2000 c 350 s 16]

Subd. 8.
[Repealed,2000 c 350 s 16]

Subd. 9.
[Repealed,2000 c 350 s 16]

Subd. 10.
[Repealed,1993 c 299 s 33]

Legislative History

1967 c 395 art 1 s 12;1975 c 359 s 23;1978 c 465 s 6;1986 c 444;1991 c 325 art 16 s 1;1992 c 540 art 2 s 8;1992 c 564 art 1 s 17,54;1993 c 299 s 2;2000 c 350 s 2