2025 Session
Last amended: 1986 session
§ 60C.10 — Evaluation of Claims
Plain-Language Summary
This section gives the board of directors the job of deciding whether claims are covered. If the board decides a claim is not covered or reduces the amount, it must tell the claimant in writing and explain their right to appeal.
60C.10 EVALUATION OF CLAIMS.
§
Subdivision 1.Board to determine.
The board shall determine whether claims submitted for payment are covered claims. §
Subd. 2.
[Repealed, 1981 c 260 s 4] §
Subd. 3.Claim denial; notification of appeal and review rights.
If the board finds that a claim for which the claimant has requested payment out of the fund is not a covered claim or the board reduces the amount of or rejects the claim, the board shall notify the claimant in writing of the rights the claimant has under section 60C.12.
History:
1971 c 145 s 10; 1981 c 260 s 3; 1986 c 444
History: History: 1971 c 145 s 10; 1981 c 260 s 3; 1986 c 444
Practical Notes
If the guaranty association denies or reduces your claim, you have the right to be told why and to appeal. Make sure to read the written notice carefully because it will explain your appeal rights under section 60C.12. Keep copies of all correspondence with the association.