Chapter 60H — Licensure
Minnesota Statutes Chapter 60H — Licensure
60H.01
Short Title
Names this chapter the Managing General Agents Act.
60H.02
Definitions
Defines key terms used in the Managing General Agents Act.
60H.03
Licensure
Requires managing general agents to be licensed in Minnesota.
60H.04
Required Contract Provisions
Requires a written contract between managing general agents and insurers.
60H.05
Duties of Insurers
Sets duties for insurers that use managing general agents.
60H.06
Examination Authority
Lets the state examine a managing general agent like an insurer.
60H.07
Acts of Managing General Agent
Makes a managing general agent's actions count as the insurer's actions.
60H.08
Penalties and Liabilities
Sets penalties for violating the Managing General Agents Act.
60H.09
Rules
Lets the commerce commissioner adopt rules for this chapter.