Minnesota Statutes
§ 66A.27 — LIMITATION ON EXPENSES
Minnesota § 66A.27
This text of Minnesota § 66A.27 (LIMITATION ON EXPENSES) 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.27 (2026).
Text
No such company shall incur, lay out, or expend, in any one calendar year, as and for the expenses of conducting this business, more than its application or survey fees and 40 percent of its total premiums or assessments actually collected. No company shall be required to limit its annual expenses to less than $1,000.
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Legislative History
1967 c 395 art 7 s 27
Nearby Sections
15
§ 66A.01
SCOPE OF CHAPTER§ 66A.03
INCORPORATION§ 66A.06
RENEWAL OF CORPORATE EXISTENCE§ 66A.08
REQUIREMENTS§ 66A.09
KINDS OF BUSINESS AUTHORIZED§ 66A.10
ADDITIONAL REQUIREMENTS§ 66A.11
REVOCATION OF LICENSE§ 66A.14
DIVIDENDS§ 66A.15
ASSESSMENTS§ 66A.16
GUARANTY FUNDSCite This Page — Counsel Stack
Bluebook (online)
Minnesota § 66A.27, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/66A/66A.27.