64B.45 PROHIBITION ON ANNOUNCEMENTS.
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/mn/chapter-64/64b-45A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
64B.45 PROHIBITION ON ANNOUNCEMENTS.
Except as otherwise required under sections 64B.40 to 64B.48 , the making, publishing, dissemination, circulating, or placing before the public, or causing, directly or indirectly to be made, published, disseminated, circulated, or placed before the public, in a newspaper, magazine, or other publication, or in any other way, an advertisement, announcement, or statement containing an assertion, representation, or statement with regard to the risk-based capital levels of a society, or of any component derived in the calculation, by a society, agent, broker, or other person engaged in any manner in the insurance business would be misleading and is prohibited.