as introduced - 87th Legislature (2011 - 2012) Posted on 02/20/2012 12:59pm
Engrossments | ||
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Introduction | Posted on 02/20/2012 |
A bill for an act
relating to insurance; regulating insurance agents; defining a term; amending
Minnesota Statutes 2010, sections 60K.31, subdivision 6, by adding a
subdivision; 60K.32.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2010, section 60K.31, is amended by adding a
subdivision to read:
new text begin
"Facilitate enrollment" means to provide counsel,
advice, direction, education, or otherwise direct any individual or entity toward the
purchase of a health plan as defined in section 62A.011, subdivision 3.
new text end
Minnesota Statutes 2010, section 60K.31, subdivision 6, is amended to read:
"Insurance producer" means a person required to be
licensed under the laws of this state to sell, solicit, deleted text begin ordeleted text end negotiatenew text begin , or facilitate enrollment innew text end
insurance.
Minnesota Statutes 2010, section 60K.32, is amended to read:
A person shall not sell, solicit, deleted text begin ordeleted text end negotiatenew text begin , or facilitate enrollment innew text end insurance in
this state for any class or classes of insurance unless the person is licensed for that line of
authority under sections 60K.30 to 60K.56. The license itself does not create any authority,
actual, apparent, or inherent, in the holder to represent or commit an insurance carrier.
new text begin
Sections 1 to 3 are effective the day following final enactment.
new text end