Minnesota Statutes
§ 62I.14 — ASSESSMENTS
Minnesota § 62I.14
This text of Minnesota § 62I.14 (ASSESSMENTS) 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. § 62I.14 (2026).
Text
In the event the commissioner orders an assessment, an assessed insurer must pay the assessment within 30 days of receipt of notice of the assessment. The commissioner may suspend or revoke an insurer's certificate of authority and impose a civil penalty in an amount not to exceed $10,000 for an insurer's failure to pay the assessment within the 30-day period.
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Legislative History
1986 c 455 s 33;2003 c 21 s 9;2017 c 34 s 8
Nearby Sections
15
§ 62I.01
CITATION§ 62I.03
DEFINITION§ 62I.04
POLICY ISSUANCE§ 62I.05
PLAN OF OPERATION§ 62I.06
POLICY FORMS; PREMIUM RATE§ 62I.07
MEMBERSHIP ASSESSMENTS§ 62I.08
APPLICATION PROCEDURE§ 62I.121
BENEFITS FOR EMPLOYEES§ 62I.14
ASSESSMENTS§ 62I.15
EXTENSION OF COVERAGE§ 62I.16
STABILIZATION RESERVE FUND§ 62I.17
IMMUNITY FROM LIABILITY§ 62I.18
RIGHT OF APPEALCite This Page — Counsel Stack
Bluebook (online)
Minnesota § 62I.14, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/62I/62I.14.