Minnesota § 60A.964 FEES

Minnesota Statutes

§ 60A.964 — FEES

Minnesota § 60A.964

PartINSURANCE

Ch. 60AGENERAL INSURANCE POWERS

This text of Minnesota § 60A.964 (FEES) 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.964 (2026).

Text

Subdivision 1.Amount.
The licensing fee for a viatical settlement provider, viatical settlement broker, or viatical settlement investment agent license is $750 for initial licensure and $250 for each annual renewal. The fees must be limited to the cost of license administration and enforcement and must be deposited in the state treasury, credited to a special account, and appropriated to the commissioner.

Subd. 2.Automatic revocation.
A license is automatically revoked for failure to pay the licensing fee within the terms prescribed by the commissioner.

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Subdivision 1.Amount.
The licensing fee for a viatical settlement provider, viatical settlement broker, or viatical settlement investment agent license is $750 for initial licensure and $250 for each annual renewal. The fees must be limited to the cost of license administration and enforcement and must be deposited in the state treasury, credited to a special account, and appropriated to the commissioner.

Subd. 2.Automatic revocation.
A license is automatically revoked for failure to pay the licensing fee within the terms prescribed by the commissioner.