Minnesota Statutes
§ 61A.22 — CONTRACTS TO SPECIFY BENEFITS AND CONSIDERATION
Minnesota § 61A.22
This text of Minnesota § 61A.22 (CONTRACTS TO SPECIFY BENEFITS AND CONSIDERATION) 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. § 61A.22 (2026).
Text
No life insurance company shall make any insurance, guaranty, contract, or pledge in this state, or to or with any citizen or resident thereof, which does not distinctly specify the amount and manner of payment of benefits and the consideration therefor, except that contracts on a variable basis need not specify the amount of benefits thereunder or consideration after the initial premium.
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Legislative History
1967 c 395 art 2 s 22;1973 c 480 s 6
Nearby Sections
15
§ 61A.01
LIFE INSURANCE COMPANY DEFINED§ 61A.011
INTEREST ON UNPAID BENEFITS§ 61A.012
ANNUAL NOTICE REQUIRED§ 61A.02
FORMS OF POLICY§ 61A.031
SUICIDE PROVISIONS§ 61A.04
SPENDTHRIFT PROVISIONS§ 61A.07
PROHIBITED PROVISIONS§ 61A.071
APPLICATIONS§ 61A.072
ACCELERATED BENEFITS§ 61A.08
EXCEPTIONS§ 61A.09
GROUP LIFE INSURANCECite This Page — Counsel Stack
Bluebook (online)
Minnesota § 61A.22, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/61A/61A.22.