Minnesota § 66A.36 STOCK AND MUTUAL LIFE INSURANCE COMPANIES

Minnesota Statutes

§ 66A.36 — STOCK AND MUTUAL LIFE INSURANCE COMPANIES

Minnesota § 66A.36

PartINSURANCE

Ch. 66AMUTUAL COMPANIES

This text of Minnesota § 66A.36 (STOCK AND MUTUAL LIFE INSURANCE COMPANIES) 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.36 (2026).

Text

Insurance corporations for the transaction of the kinds of business authorized and permitted by section60A.06, subdivision 1, clause (4), and subject to these provisions and limitations, may be formed having a capital stock, but which shall be controlled by the votes of both stockholders and participating policyholders. All such companies shall be known as stock and mutual companies. Corporations so formed shall have the right to make any contracts which insurance companies formed to transact the same kinds of business upon the stock plan or upon the mutual plan are authorized by law to make.

Free access — add to your briefcase to read the full text and ask questions with AI

Insurance corporations for the transaction of the kinds of business authorized and permitted by section60A.06, subdivision 1, clause (4), and subject to these provisions and limitations, may be formed having a capital stock, but which shall be controlled by the votes of both stockholders and participating policyholders. All such companies shall be known as stock and mutual companies. Corporations so formed shall have the right to make any contracts which insurance companies formed to transact the same kinds of business upon the stock plan or upon the mutual plan are authorized by law to make.