US Laws, Codes, Statutes & Cases

     79.39 Applicability of chapter 79. 

    Subdivision 1.    Examination by commissioner.  The 
 reinsurance association is subject to all the provisions of this 
 chapter.  The commissioner of labor and industry or an 
 authorized representative of the commissioner may visit the 
 reinsurance association at any time and examine, audit, or 
 evaluate the reinsurance association's operations, records and 
 practices.  For purposes of this section, "authorized 
 representative of the commissioner" includes employees of the 
 Department of Labor and Industry or other parties retained by 
 the commissioner.  

    Subd. 2.    Costs and expenses.  The commissioner of 
 labor and industry may order and the reinsurance association 
 shall pay the costs and expenses of any examination, audit, or 
 evaluation conducted pursuant to subdivision 1.  

    HIST: Ex1979 c 3 s 22; 1984 c 592 s 79; 1985 c 234 s 21 

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