RESERVE REQUIRED.
Minn. Stat. § 61A.52
in effect61A.52. RESERVE REQUIRED.
No casualty company or association organized under the cooperative or assessment laws of this state not having a reserve of at least $25,000 on deposit with the commissioner shall issue policies or contracts providing for the payment of endowments of any kind.
1967 c 395 art 2 s 52
Source: Minnesota Office of the Revisor of Statutes (revisor.mn.gov)URL: https://www.revisor.mn.gov/statutes/cite/61A.52Fetched: 10/19/2026
