Minnesota Statutes

§ 72B.136 — ESCROW OR TRUST ACCOUNTS

Minnesota § 72B.136
JurisdictionMinnesota
PartINSURANCE
Ch. 72BINSURANCE ADJUSTERS

This text of Minnesota § 72B.136 (ESCROW OR TRUST ACCOUNTS) 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. § 72B.136 (2026).

Text

A public adjuster who receives, accepts, or holds any funds on behalf of an insured, towards the settlement of a claim for loss or damage, shall deposit the funds in a non-interest-bearing escrow or trust account in a financial institution that is insured by an agency of the federal government in the public adjuster's home state or where the loss occurred.

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Legislative History

2009 c 63 s 58,78

Nearby Sections

15
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Bluebook (online)
Minnesota § 72B.136, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/72B/72B.136.