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2005 Minnesota Statutes - 61A.51 — Insolvency.



     61A.51 Insolvency.  


    In case any cooperative or assessment life, endowment, or 
 casualty insurance association or society is adjudged insolvent, 
 the balance of its reserve fund, if any, after payment of claims 
 and other indebtedness, shall be paid to the commissioner who 
 shall pay it into the state treasury.  


    HIST: 1967 c 395 art 2 s 51; 1986 c 444

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