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Code · Minnesota · Chapter 61

61A.52 RESERVE REQUIRED.

45 words·~1 min read·/mn/chapter-61/61a-52

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61A.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.
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