There is a newer version of the Minnesota Statutes
2016 Minnesota Statutes
Chapters 59A - 79A — INSURANCE
Chapter 65A — FIRE AND RELATED INSURANCE
Section 65A.11 — PAYMENT TO MORTGAGEE.
MN Stat § 65A.11 (2016) What's This?
65A.11 PAYMENT TO MORTGAGEE. When the whole, or any part, of the loss is payable, in terms or otherwise, to or for one or more mortgagees, upon proof before payment of the rights of the parties, the company shall pay the same in the order of priority to the extent of its liability and every such payment to such extent shall be payment and satisfaction of its liability under the policy.
History: 1967 c 395 art 6 s 11
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