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Code · Minnesota · Chapter 60

60A.976 ANNUITY ISSUERS FINANCIAL REQUIREMENTS.

44 words·~1 min read·/mn/chapter-60/60a-976

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60A.976 ANNUITY ISSUERS FINANCIAL REQUIREMENTS.
An annuity purchased to finance a structured settlement agreement may be purchased only from an annuity issuer with a financial rating equivalent to A.M. Best Company A+ Class 8 or better; or a Standard & Poor's AA or better.
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