Minnesota Statutes 60A.991 – Interstate Insurance Product Regulation Compact Opt Out Administration
Current as of: 2023 | Check for updates
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Subdivision 1.Access to courts.
The commissioner must opt out by regulation of any uniform standard that permits a product to deny a consumer’s access to the courts to resolve a dispute related to the product. In addition to opting out, the commissioner must petition the commission for a stay of the effective date of the standard.
Subd. 2.Deference by courts.
A decision by the commissioner to opt out by regulation shall be given deference by the courts.