There is a newer version of the Minnesota Statutes
2010 Minnesota Code
Chapters 59A - 79A Insurance
Chapter 61A Life Insurance
Section 61A.52 Reserve Required
61A.52 RESERVE REQUIRED.
No casualty company or association organized under the cooperative or assessment laws of this state not having a reserve of at least $25,000 on deposit with the commissioner shall issue policies or contracts providing for the payment of endowments of any kind.
History:
1967 c 395 art 2 s 52
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