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AGENT ERRORS AND OMISSIONS INSURANCE; CHOICE OF SOURCE.

Minn. Stat. § 80A.91
in effect
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80A.91. AGENT ERRORS AND OMISSIONS INSURANCE; CHOICE OF SOURCE. A broker-dealer shall not require an agent to maintain insurance coverage for the agent's errors and omissions from a specific insurance company. This section does not apply if the agent is an employee of that broker-dealer, or if the broker-dealer or affiliated insurance company contributes to the premiums for the errors and omissions coverage. Nothing in this section shall prohibit a broker-dealer from requiring an agent to maintain errors and omissions coverage or requiring that the errors and omissions coverage meet certain criteria. 2009 c 178 art 1 s 49
Source: Minnesota Office of the Revisor of Statutes (revisor.mn.gov)URL: https://www.revisor.mn.gov/statutes/cite/80A.91Fetched: 10/19/2026

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