2010 Minnesota Code
Chapters 59A - 79A Insurance
Chapter 61A Life Insurance
Section 61A.18 Disapproval of Contracts
61A.18 DISAPPROVAL OF CONTRACTS.
The commissioner shall have the power at any time to disapprove any contract form, application, or certificate (1) if it does not comply with the provisions of sections 61A.13 to 61A.21; or (2) if it contains provisions which are unjust, unfair, inequitable, ambiguous, or misleading. After the commissioner shall have notified a company of disapproval, it shall be unlawful for that company to issue or use the contract, application or certificate in the form so disapproved.
History:
1967 c 395 art 2 s 18; 1969 c 752 s 12; 1986 c 444
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