Minnesota Statutes 60A.58 – Supplemental Provisions
Current as of: 2023 | Check for updates
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Subdivision 1.Effect.
Sections 60A.50 to 60A.592 are supplemental to any other provisions of the laws of this state, and must not preclude or limit any other powers or duties of the commissioner under such laws, including, but not limited to, chapter 60B and sections 62D.041, 62D.042, 62D.18, and 62D.181.
Subd. 2.Exemption.
Terms Used In Minnesota Statutes 60A.58
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
Terms Used In Minnesota Statutes 60A.58
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44
The commissioner may exempt from the application of sections 60A.50 to 60A.592 a domestic health organization that:
(1) writes direct business only in this state;
(2) assumes no reinsurance in excess of five percent of direct premium written; and
(3) writes direct annual premiums for comprehensive medical business of $2,000,000 or less.