67A.39 Emergency fund.
The directors of any such company may collect, by advance assessment and maintain in its treasury an emergency fund, not exceeding two mills on a dollar of the total amount of insurance in force, to be used in payment of losses and for other purposes for which assessments may be used.
HIST: 1967 c 395 art 8 s 39
Official Publication of the State of Minnesota
Revisor of Statutes