2010 Minnesota Code
Chapters 59A - 79A Insurance
Chapter 60A General Insurance Powers
Section 60A.176 Definitions
60A.176 DEFINITIONS.
Subdivision 1.Application.
The definitions in this section apply to this section and section 60A.177.
Subd. 2.
[Repealed, 1991 c 207 s 8]
Subd. 3.Agent.
"Agent" means an agent who is not an employee of the insurer, who has an agency contractual relationship that has been in effect for five or more years, and who writes 80 percent or more of the agent's business through one insurer or its subsidiaries.
Subd. 4.Insurer.
"Insurer" means an insurance company writing property or casualty loss insurance in this state through agents.
History:
1990 c 457 s 1; 1991 c 207 s 1
Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
