Minnesota § 66A.24 OFFICERS; DUTIES; COMPENSATION; BONDS

Minnesota Statutes

§ 66A.24 — OFFICERS; DUTIES; COMPENSATION; BONDS

Minnesota § 66A.24

PartINSURANCE

Ch. 66AMUTUAL COMPANIES

This text of Minnesota § 66A.24 (OFFICERS; DUTIES; COMPENSATION; BONDS) 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. § 66A.24 (2026).

Text

The officers shall perform such duties, receive such compensation, and give such bonds as shall be provided in the bylaws or fixed by the directors; but no salary, past or future, shall be increased except by majority vote of all members present and represented at an annual meeting and no officer or director shall receive any commission, except upon business personally solicited and written by the officer.

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The officers shall perform such duties, receive such compensation, and give such bonds as shall be provided in the bylaws or fixed by the directors; but no salary, past or future, shall be increased except by majority vote of all members present and represented at an annual meeting and no officer or director shall receive any commission, except upon business personally solicited and written by the officer.