Minnesota § 60A.68 SUPPLEMENTAL PROVISIONS; RULES; EXEMPTION

Minnesota Statutes

§ 60A.68 — SUPPLEMENTAL PROVISIONS; RULES; EXEMPTION

Minnesota § 60A.68

PartINSURANCE

Ch. 60AGENERAL INSURANCE POWERS

This text of Minnesota § 60A.68 (SUPPLEMENTAL PROVISIONS; RULES; EXEMPTION) 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.68 (2026).

Text

(a)Sections60A.60to60A.696are supplemental to other laws of this state and do not preclude or limit other powers or duties of the commissioner under those laws, including, but not limited to, chapters 60B and 60G.

(b)The commissioner may exempt from the application of sections60A.60to60A.696a domestic property and casualty insurer that:

(1)writes direct business only in this state;

(2)writes direct annual premiums of $2,000,000 or less; and

(3)assumes no reinsurance in excess of five percent of direct premium written.

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(a) Sections60A.60to60A.696are supplemental to other laws of this state and do not preclude or limit other powers or duties of the commissioner under those laws, including, but not limited to, chapters 60B and 60G.
(b) The commissioner may exempt from the application of sections60A.60to60A.696a domestic property and casualty insurer that:
(1) writes direct business only in this state;
(2) writes direct annual premiums of $2,000,000 or less; and
(3) assumes no reinsurance in excess of five percent of direct premium written.