2011 Minnesota Statutes
Chapters 59A - 79A — Insurance
Chapter 62N — Community Integrated Service Network
Section 62N.32 — Deposit Requirement


MN Stat § 62N.32 (1996 through Reg Sess) What's This?
62N.32 DEPOSIT REQUIREMENT.

A community network must satisfy the deposit requirement provided in section 62D.041. The deposit counts as an admitted asset and as part of the required net worth. The deposit requirement cannot be reduced by the alternative means that may be used to reduce the net worth requirement, other than through the use of a guaranteeing organization.

History:

1994 c 625 art 1 s 12

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