US Laws, Codes, Statutes & Cases

     72C.04 Definitions. 

    Subdivision 1.    Scope.  For purposes of sections 
 72C.01 to 72C.13, the following terms shall have the meanings 
 given them. 

    Subd. 2.    Commissioner.  "Commissioner" means the 
 commissioner of commerce or a designated agent. 

    Subd. 3.    Flesch scale analysis readability score.  
 "Flesch scale analysis readability score" means a measurement of 
 the ease of readability of a policy or contract made pursuant to 
 the procedures prescribed in section 72C.09. 

    Subd. 4.    Insurance policy or contract; policy.  
 "Insurance policy or contract" or "policy" means any written 
 agreement within the scope of sections 72C.01 to 72C.13 whereby 
 one person, for consideration, undertakes to indemnify another 
 person or persons to a specified amount against loss or damages 
 from specified causes, or to do some act of value to the insured 
 in case of specified loss or damage.  The agreements 
 specifically include a nonprofit health service plan subscriber 
 contract under chapter 62C, a health maintenance contract under 
 chapter 62D, and a membership certificate in a fraternal benefit 
 society under chapter 64B. 

    Subd. 5.    Insurer.  "Insurer" means every person 
 entering insurance policies or contracts as a principal. 

    Subd. 6.    Legible type.  "Legible type" means a type 
 face at least as large as ten point modern type, one point 
 leaded. 

    Subd. 7.    Person.  "Person" means any individual, 
 corporation, partnership, association, business trust or 
 voluntary organization. 

    HIST: 1977 c 345 s 4; 1983 c 289 s 114 subd 1; 1984 c 655 art 
 1 s 92; 1985 c 49 s 41; 1986 c 444; 1992 c 564 art 1 s 54; 1995 
 c 186 s 19 

Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.