2005 Minnesota Statutes - 65B.01 — Purposes, construction and scope.

     65B.01 Purposes, construction and scope. 


    Subdivision 1.    Purpose.  The purposes of sections 
 65B.01 to 65B.12 are to provide the guarantee that automobile 
 insurance coverage will be available to any person who is unable 
 to procure such insurance through ordinary methods by providing 
 a facility for the placement of automobile insurance risks with 
 insurers, and to preserve to the public the benefits of price 
 competition by encouraging maximum use of the normal private 
 insurance system.  Sections 65B.01 to 65B.12 shall be liberally 
 construed to effect the purposes stated.  


    Subd. 2.    Scope and membership.  Every insurer 
 authorized to write automobile liability or physical damage 
 insurance in this state, as a condition precedent to being 
 licensed or to retain such license to write such insurance in 
 this state, shall be a member of the facility and shall 
 participate therein under the terms and provisions of sections 
 65B.01 to 65B.12. 


    HIST: 1971 c 813 s 1; 1983 c 289 s 114 subd 1; 1984 c 655 art 
 1 s 92; 1992 c 520 s 2