1.1 	A bill for an act
1.2 	relating to commerce; modifying and adding various provisions governing financial 
1.3 	institutions, insurance, limited long-term care insurance; Medicare supplement 
1.4 	insurance, and insurance holding company systems; adopting the Uniform Special 
1.5 	Deposits Act; modifying the Minnesota Business Corporations Act; modifying 
1.6 	various garnishment forms; modifying various provisions implemented or enforced 
1.7 	by the Department of Commerce; authorizing administrative rulemaking; making 
1.8 	technical and conforming changes;amending Minnesota Statutes 2024, sections 
1.9 	41A.09, subdivision 2a; 45.027, subdivisions 1, 2, by adding a subdivision; 45.24; 
1.10 	46A.04; 47.20, subdivisions 2, 4a, 8; 47.77; 53B.61; 55.07, by adding a subdivision; 
1.11 	58B.02, subdivision 8a; 60C.09, subdivision 2; 60D.09, by adding a subdivision; 
1.12 	60D.15, subdivisions 4, 7, by adding subdivisions; 60D.16, subdivision 2; 60D.17, 
1.13 	subdivision 1; 60D.18, subdivision 3; 60D.19, subdivision 4, by adding 
1.14 	subdivisions; 60D.20, subdivision 1; 60D.217; 60D.22, subdivisions 1, 3, 6, by 
1.15 	adding a subdivision; 60D.24, subdivision 2; 60D.25; 62A.31, subdivisions 1, 1f, 
1.16 	1h, 1p, 1u, 4; 62A.44, subdivision 2; 62A.65, subdivision 2, by adding a 
1.17 	subdivision; 62D.12, subdivisions 2, 2a; 62D.121, subdivision 1; 62Q.73, 
1.18 	subdivision 4; 65B.02, subdivision 7; 65B.05; 65B.06, subdivisions 1, 2, 3; 65B.10, 
1.19 	subdivision 2; 72A.20, by adding a subdivision; 80A.66; 80E.12; 82B.19, 
1.20 	subdivision 5; 168.27, by adding a subdivision; 239.761, subdivisions 3, 4, 5, 6; 
1.21 	239.791, subdivision 11; 296A.01, subdivisions 20, 23, 24; 302A.011, subdivision 
1.22 	41, by adding subdivisions; 302A.111, subdivision 2; 302A.161, by adding a 
1.23 	subdivision; 302A.181, by adding a subdivision; 302A.201, subdivision 1; 
1.24 	302A.237, by adding a subdivision; 302A.361; 302A.461, subdivision 4; 302A.471, 
1.25 	subdivisions 1, 3; 302A.611, by adding a subdivision; 334.01, subdivision 2; 
1.26 	550.136, subdivisions 6, 9; 550.143, subdivisions 2, 3a, 3b, 3c; 551.05, subdivisions 
1.27 	1b, 1c, 1d; 551.06, subdivisions 6, 9; 571.72, subdivisions 8, 10; 571.74; 571.75, 
1.28 	subdivision 2; 571.912; 571.914, subdivision 2; 571.925; 571.931, subdivision 6; 
1.29 	571.932, subdivision 2; 580.07, subdivisions 1, 2; 581.02; Laws 2024, chapter 
1.30 	114, article 3, section 101; proposing coding for new law in Minnesota Statutes, 
1.31 	chapters 47; 60D; 62A; 302A; 325F; repealing Minnesota Statutes 2024, sections 
1.32 	62A.3099, subdivision 18b; 62A.31, subdivision 1w; 65B.10, subdivision 3; 
1.33 	325F.02; 325F.03; 325F.04; 325F.05; 325F.06; 325F.07; Laws 2023, chapter 57, 
1.34 	article 2, section 66.
2.1 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

2.2 	ARTICLE 1
2.3 	FINANCIAL INSTITUTIONS

2.4 	Section 1. Minnesota Statutes 2024, section 46A.04, is amended to read:
2.5 	46A.04 EXCEPTIONS AND EXEMPTIONS.
2.6 	(a) The requirements under section 46A.03, subdivisions 3, paragraph (b); 5, paragraph 
2.7 	(a) (b); 9; and 10, do not apply to financial institutions that maintain customer information 
2.8 	concerning fewer than 5,000 consumers.
2.9 	(b) This chapter does not apply to credit unions or federally insured depository 
2.10 	institutions.

2.11 	Sec. 2. Minnesota Statutes 2024, section 47.20, subdivision 2, is amended to read:
2.12 		Subd. 2.Definitions. For the purposes of this section the terms defined in this subdivision 
2.13 	have the meanings given them:
2.14 	(1) "Actual closing costs" mean reasonable charges for or sums paid for the following, 
2.15 	whether or not retained by the mortgagee or lender:
2.16 	(a) Any insurance premiums including but not limited to premiums for title insurance, 
2.17 	fire and extended coverage insurance, flood insurance, and private mortgage insurance, but 
2.18 	excluding any charges or sums retained by the mortgagee or lender as self-insured retention.
2.19 	(b) Abstracting, title examination and search, and examination of public records.
2.20 	(c) The preparation and recording of any or all documents required by law or custom 
2.21 	for closing a conventional or cooperative apartment loan.
2.22 	(d) Appraisal and survey of real property securing a conventional loan or real property 
2.23 	owned by a cooperative apartment corporation of which a share or shares of stock or a 
2.24 	membership certificate or certificates are to secure a cooperative apartment loan.
2.25 	(e) A single service charge, which includes any consideration, not otherwise specified 
2.26 	herein as an "actual closing cost" paid by the borrower and received and retained by the 
2.27 	lender for or related to the acquisition, making, refinancing or modification of a conventional 
2.28 	or cooperative apartment loan, and also includes any consideration received by the lender 
2.29 	for making a borrower's interest rate commitment or for making a borrower's loan 
2.30 	commitment, whether or not an actual loan follows the commitment. The term service charge 
2.31 	does not include forward commitment fees. The service charge shall not exceed one percent 
3.1 	of the original bona fide principal amount of the conventional or cooperative apartment 
3.2 	loan, except that in the case of a construction loan, the service charge shall not exceed two 
3.3 	percent of the original bona fide principal amount of the loan. That portion of the service 
3.4 	charge imposed because the loan is a construction loan shall be itemized and a copy of the 
3.5 	itemization furnished the borrower. A lender shall not collect from a borrower the additional 
3.6 	one percent service charge permitted for a construction loan if it does not perform the service 
3.7 	for which the charge is imposed or if third parties perform and charge the borrower for the 
3.8 	service for which the lender has imposed the charge. A loan that meets the Federal Qualified 
3.9 	Mortgage standards in Code of Federal Regulations, title 12, section 1026.43(e)(3), is exempt 
3.10 	from the service charge limitations of this section.
3.11 	(f) Charges and fees necessary for or related to the transfer of real or personal property 
3.12 	securing a conventional or cooperative apartment loan or the closing of a conventional or 
3.13 	cooperative apartment loan paid by the borrower and received by any party other than the 
3.14 	lender.
3.15 	(2) "Contract for deed" means an executory contract for the conveyance of real estate, 
3.16 	the original principal amount of which is less than $300,000. A commitment for a contract 
3.17 	for deed shall include an executed purchase agreement or earnest money contract wherein 
3.18 	the seller agrees to finance any part or all of the purchase price by a contract for deed.
3.19 	(3) "Conventional loan" means a loan or advance of credit, other than a loan or advance 
3.20 	of credit made by a credit union or made pursuant to section 334.011, to a noncorporate 
3.21 	borrower in an original principal amount of less than or equal to the conforming loan limit 
3.22 	established by the Federal Housing Finance Agency under the Housing and Recovery Act 
3.23 	of 2018, Public Law 110-289, secured by a mortgage upon real property containing one or 
3.24 	more residential units or upon which at the time the loan is made it is intended that one or 
3.25 	more residential units are to be constructed, and which is not insured or guaranteed by the 
3.26 	secretary of housing and urban development, by the administrator of veterans affairs, or by 
3.27 	the administrator of the Farmers Home Administration, and which is not made pursuant to 
3.28 	the authority granted in subdivision 1, clause (3) or (4). The term mortgage does not include 
3.29 	contracts for deed or installment land contracts.
3.30 	(4) "Cooperative apartment loan" means a loan or advance of credit, other than a loan 
3.31 	or advance of credit made by a credit union or made pursuant to section 334.011, to a 
3.32 	noncorporate borrower in an original principal amount of less than $100,000, secured by a 
3.33 	security interest on a share or shares of stock or a membership certificate or certificates 
3.34 	issued to a stockholder or member by a cooperative apartment corporation, which may be 
3.35 	accompanied by an assignment by way of security of the borrower's interest in the proprietary 
4.1 	lease or occupancy agreement in property issued by the cooperative apartment corporation 
4.2 	and which is not insured or guaranteed by the secretary of housing and urban development, 
4.3 	by the administrator of veterans affairs, or by the administrator of the Farmers Home 
4.4 	Administration.
4.5 	(5) "Cooperative apartment corporation" means a corporation or cooperative organized 
4.6 	under chapter 308A or 317A, the shareholders or members of which are entitled, solely by 
4.7 	reason of their ownership of stock or membership certificates in the corporation or 
4.8 	association, to occupy one or more residential units in a building owned or leased by the 
4.9 	corporation or association.
4.10 	(6) "Forward commitment fee" means a fee or other consideration paid to a lender for 
4.11 	the purpose of securing a binding forward commitment by or through the lender to make 
4.12 	conventional loans to two or more credit worthy purchasers, including future purchasers, 
4.13 	of residential units, or a fee or other consideration paid to a lender for the purpose of securing 
4.14 	a binding forward commitment by or through the lender to make conventional loans to two 
4.15 	or more credit worthy purchasers, including future purchasers, of units to be created out of 
4.16 	existing structures pursuant to chapter 515B, or a fee or other consideration paid to a lender 
4.17 	for the purpose of securing a binding forward commitment by or through the lender to make 
4.18 	cooperative apartment loans to two or more credit worthy purchasers, including future 
4.19 	purchasers, of a share or shares of stock or a membership certificate or certificates in a 
4.20 	cooperative apartment corporation; provided, that the forward commitment rate of interest 
4.21 	does not exceed the maximum lawful rate of interest effective as of the date the forward 
4.22 	commitment is issued by the lender.
4.23 	(7) "Borrower's interest rate commitment" means a binding commitment made by a 
4.24 	lender to a borrower wherein the lender agrees that, if a conventional or cooperative 
4.25 	apartment loan is made following issuance of and pursuant to the commitment, the 
4.26 	conventional or cooperative apartment loan shall be made at a rate of interest not in excess 
4.27 	of the rate of interest agreed to in the commitment, provided that the rate of interest agreed 
4.28 	to in the commitment is not in excess of the maximum lawful rate of interest effective as 
4.29 	of the date the commitment is issued by the lender to the borrower.
4.30 	(8) "Borrower's loan commitment" means a binding commitment made by a lender to a 
4.31 	borrower wherein the lender agrees to make a conventional or cooperative apartment loan 
4.32 	pursuant to the provisions, including the interest rate, of the commitment, provided that the 
4.33 	commitment rate of interest does not exceed the maximum lawful rate of interest effective 
4.34 	as of the date the commitment is issued and the commitment when issued and agreed to 
4.35 	shall constitute a legally binding obligation on the part of the mortgagee or lender to make 
5.1 	a conventional or cooperative apartment loan within a specified time period in the future at 
5.2 	a rate of interest not exceeding the maximum lawful rate of interest effective as of the date 
5.3 	the commitment is issued by the lender to the borrower; provided that a lender who issues 
5.4 	a borrower's loan commitment pursuant to the provisions of a forward commitment is 
5.5 	authorized to issue the borrower's loan commitment at a rate of interest not to exceed the 
5.6 	maximum lawful rate of interest effective as of the date the forward commitment is issued 
5.7 	by the lender.
5.8 	(9) "Finance charge" means the total cost of a conventional or cooperative apartment 
5.9 	loan including extensions or grant of credit regardless of the characterization of the same 
5.10 	and includes interest, finders fees, and other charges levied by a lender directly or indirectly 
5.11 	against the person obtaining the conventional or cooperative apartment loan or against a 
5.12 	seller of real property securing a conventional loan or a seller of a share or shares of stock 
5.13 	or a membership certificate or certificates in a cooperative apartment corporation securing 
5.14 	a cooperative apartment loan, or any other party to the transaction except any actual closing 
5.15 	costs and any forward commitment fee. The finance charges plus the actual closing costs 
5.16 	and any forward commitment fee, charged by a lender shall include all charges made by a 
5.17 	lender other than the principal of the conventional or cooperative apartment loan. The finance 
5.18 	charge, with respect to wraparound mortgages, shall be computed based upon the face 
5.19 	amount of the wraparound mortgage note, which face amount shall consist of the aggregate 
5.20 	of those funds actually advanced by the wraparound lender and the total outstanding principal 
5.21 	balances of the prior note or notes which have been made a part of the wraparound mortgage 
5.22 	note.
5.23 	(10) "Lender" means any person making a conventional or cooperative apartment loan, 
5.24 	or any person arranging financing for a conventional or cooperative apartment loan. The 
5.25 	term also includes the holder or assignee at any time of a conventional or cooperative 
5.26 	apartment loan.
5.27 	(11) "Loan yield" means the annual rate of return obtained by a lender over the term of 
5.28 	a conventional or cooperative apartment loan and shall be computed as the annual percentage 
5.29 	rate as computed in accordance with sections 226.5 (b), (c), and (d) of Regulation Z, Code 
5.30 	of Federal Regulations, title 12, part 226, but using the definition of finance charge provided 
5.31 	for in this subdivision. For purposes of this section, with respect to wraparound mortgages, 
5.32 	the rate of interest or loan yield shall be based upon the principal balance set forth in the 
5.33 	wraparound note and mortgage and shall not include any interest differential or yield 
5.34 	differential between the stated interest rate on the wraparound mortgage and the stated 
6.1 	interest rate on the one or more prior mortgages included in the stated loan amount on a 
6.2 	wraparound note and mortgage.
6.3 	(12) "Person" means an individual, corporation, business trust, partnership or association 
6.4 	or any other legal entity.
6.5 	(13) "Residential unit" means any structure used principally for residential purposes or 
6.6 	any portion thereof, and includes a unit in a common interest community, a nonowner 
6.7 	occupied residence, and any other type of residence regardless of whether the unit is used 
6.8 	as a principal residence, secondary residence, vacation residence, or residence of some other 
6.9 	denomination.
6.10 	(14) "Vendor" means any person or persons who agree to sell real estate and finance 
6.11 	any part or all of the purchase price by a contract for deed. The term also includes the holder 
6.12 	or assignee at any time of the vendor's interest in a contract for deed.

6.13 	Sec. 3. Minnesota Statutes 2024, section 47.20, subdivision 4a, is amended to read:
6.14 		Subd. 4a.Maximum interest rate. (a) No conventional or cooperative apartment loan 
6.15 	or contract for deed shall be made at a rate of interest or loan yield in excess of a maximum 
6.16 	lawful interest rate in an amount equal to the Federal National Mortgage Association posted 
6.17 	yields on 30-year mortgage commitments for delivery within 60 days on standard 
6.18 	conventional fixed-rate mortgages published in the Wall Street Journal for the last business 
6.19 	day of the second preceding month average prime offer rate, as defined in Code of Federal 
6.20 	Regulations, title 12, section 1026.35(a)(2), that applies to a comparable transaction, as 
6.21 	most recently published by the United States Consumer Financial Protection Bureau on the 
6.22 	last date the discounted interest rate for the transaction is set before consummation, plus 
6.23 	four percentage points. If the index is not available, a substitute index may be adopted by 
6.24 	a commissioner order.
6.25 	(b) The maximum lawful interest rate applicable to a cooperative apartment loan or 
6.26 	contract for deed at the time the loan or contract is made is the maximum lawful interest 
6.27 	rate for the term of the cooperative apartment loan or contract for deed. Notwithstanding 
6.28 	the provisions of section 334.01, a cooperative apartment loan or contract for deed may 
6.29 	provide, at the time the loan or contract is made, for the application of specified different 
6.30 	consecutive periodic interest rates to the unpaid principal balance, if no interest rate exceeds 
6.31 	the maximum lawful interest rate applicable to the loan or contract at the time the loan or 
6.32 	contract is made.
7.1 	(c) The maximum interest rate that can be charged on a conventional loan or a contract 
7.2 	for deed, with a duration of ten years or less, for the purchase of real estate described in 
7.3 	section 83.20, subdivisions 11 and 13, is three percentage points above the rate permitted 
7.4 	under paragraph (a) or 15.75 percent per year, whichever is less. This paragraph is effective 
7.5 	August 1, 1992.
7.6 	(d) Contracts for deed executed pursuant to a commitment for a contract for deed, or 
7.7 	conventional or cooperative apartment loans made pursuant to a borrower's interest rate 
7.8 	commitment or made pursuant to a borrower's loan commitment, or made pursuant to a 
7.9 	commitment for conventional or cooperative apartment loans made upon payment of a 
7.10 	forward commitment fee including a borrower's loan commitment issued pursuant to a 
7.11 	forward commitment, which commitment provides for consummation within some future 
7.12 	time following the issuance of the commitment may be consummated pursuant to the 
7.13 	provisions, including the interest rate, of the commitment notwithstanding the fact that the 
7.14 	maximum lawful rate of interest at the time the contract for deed or conventional or 
7.15 	cooperative apartment loan is actually executed or made is less than the commitment rate 
7.16 	of interest, provided the commitment rate of interest does not exceed the maximum lawful 
7.17 	interest rate in effect on the date the commitment was issued. The refinancing of: (1) an 
7.18 	existing conventional or cooperative apartment loan, (2) a loan insured or guaranteed by 
7.19 	the secretary of housing and urban development, the administrator of veterans affairs, or 
7.20 	the administrator of the Farmers Home Administration, or (3) a contract for deed by making 
7.21 	a conventional or cooperative apartment loan is deemed to be a new conventional or 
7.22 	cooperative apartment loan for purposes of determining the maximum lawful rate of interest 
7.23 	under this subdivision. The renegotiation of a conventional or cooperative apartment loan 
7.24 	or a contract for deed is deemed to be a new loan or contract for deed for purposes of 
7.25 	paragraph (b) and for purposes of determining the maximum lawful rate of interest under 
7.26 	this subdivision. A borrower's interest rate commitment or a borrower's loan commitment 
7.27 	is deemed to be issued on the date the commitment is hand delivered by the lender to, or 
7.28 	mailed to the borrower. A forward commitment is deemed to be issued on the date the 
7.29 	forward commitment is hand delivered by the lender to, or mailed to the person paying the 
7.30 	forward commitment fee to the lender, or to any one of them if there should be more than 
7.31 	one. A commitment for a contract for deed is deemed to be issued on the date the commitment 
7.32 	is initially executed by the contract for deed vendor or the vendor's authorized agent.
7.33 	(e) A contract for deed executed pursuant to a commitment for a contract for deed, or a 
7.34 	loan made pursuant to a borrower's interest rate commitment, or made pursuant to a 
7.35 	borrower's loan commitment, or made pursuant to a forward commitment for conventional 
8.1 	or cooperative apartment loans made upon payment of a forward commitment fee including 
8.2 	a borrower's loan commitment issued pursuant to a forward commitment at a rate of interest 
8.3 	not in excess of the rate of interest authorized by this subdivision at the time the commitment 
8.4 	was made continues to be enforceable in accordance with its terms until the indebtedness 
8.5 	is fully satisfied.

8.6 	Sec. 4. Minnesota Statutes 2024, section 47.20, subdivision 8, is amended to read:
8.7 		Subd. 8.Conventional loan provisions. (a) A lender making a conventional loan shall 
8.8 	comply with the following:
8.9 	(1) the promissory note and mortgage evidencing a conventional loan shall be printed 
8.10 	in not less than the equivalent of 8-point type, .075 inch computer type, or elite-size 
8.11 	typewritten numerals, or shall be legibly handwritten.;
8.12 	(2) the mortgage evidencing a conventional loan shall contain a provision whereby the 
8.13 	lender agrees to furnish the borrower with a conformed copy of the promissory note and 
8.14 	mortgage at the time they are executed or within a reasonable time after recordation of the 
8.15 	mortgage.; and
8.16 	(3) the mortgage evidencing a conventional loan shall contain a provision whereby the 
8.17 	lender, if it intends to foreclose, agrees to give the borrower written notice of any default 
8.18 	under the terms or conditions of the promissory note or mortgage, by sending the notice by 
8.19 	certified: (i) first-class mail to the address of the mortgaged property or such other a different
8.20 	address as the borrower may have designated designates in writing to the lender; or (ii) 
8.21 	email or other electronic communication, if agreed to by the lender and the borrower in 
8.22 	writing. The lender need not give the borrower the notice required by this paragraph clause
8.23 	if the default consists of the borrower selling the mortgaged property without the required 
8.24 	consent of the lender.
8.25 	(b) The mortgage shall further provide that the notice under paragraph (a), clause (3),
8.26 	shall contain the following provisions:
8.27 	(a) (1) the nature of the default by the borrower;
8.28 	(b) (2) the action required to cure the default;
8.29 	(c) (3) a date, not less than 30 days from the date the notice is mailed by which the 
8.30 	default must be cured;
9.1 	(d) (4) that failure to cure the default on or before the date specified in the notice may 
9.2 	result in acceleration of the sums secured by the mortgage and sale of the mortgaged 
9.3 	premises;
9.4 	(e) (5) that the borrower has the right to reinstate the mortgage after acceleration; and
9.5 	(f) (6) that the borrower has the right to bring a court action to assert the nonexistence 
9.6 	of a default or any other defense of the borrower to acceleration and sale.

9.7 	Sec. 5. Minnesota Statutes 2024, section 47.77, is amended to read:
9.8 	47.77 TRANSFER OF ACCOUNTS PROHIBITED; NOTICE ON CLOSING.
9.9 	(a) No financial institution shall initiate a transfer of a deposit account to another deposit 
9.10 	account bearing different identification information without sending at least 30 days' prior 
9.11 	notice to at least one of the deposit account holders at the last known address on file with 
9.12 	the financial institution. If the new account is subject to different terms, the financial 
9.13 	institution must obtain the written consent of at least one of the deposit account holders 
9.14 	before the new terms become effective.
9.15 	(b) No financial institution shall initiate a closure of a deposit account without first 
9.16 	sending at least one of the deposit account holders a notice of intent to close the deposit 
9.17 	account. The notice must be sent to the deposit account holder's last known address on file 
9.18 	with the financial institution at least 30 days before the financial institution closes the deposit 
9.19 	account;, except that, if the financial institution has reasonable suspicion to believe that 
9.20 	account is being used in connection with a check-related fraud or other crime or that, funds 
9.21 	will not be available to pay items drawn on the account, or the deposit account holder has 
9.22 	engaged in harassment, as defined in section 609.749, subdivision 2, paragraph (c), toward 
9.23 	financial institution employees or customers, the notice may be sent the same day as the 
9.24 	account is closed.
9.25 	(c) As used in this section, the following terms have the meanings given them. "Deposit 
9.26 	account" means a contract of deposit of funds between a depositor and a financial institution, 
9.27 	and includes a checking account, savings account, certificate of deposit share account, and 
9.28 	other like arrangement. "Financial institution" means any organization authorized to do 
9.29 	business under state or federal laws relating to financial institutions, including, without 
9.30 	limitation, banks and trust companies, savings banks, savings associations, industrial loan 
9.31 	and thrift companies, and credit unions.

10.1 	Sec. 6. [47.90] TITLE.
10.2 	Sections 47.90 to 47.985 may be cited as the "Uniform Special Deposits Act."

10.3 	Sec. 7. [47.905] DEFINITIONS.
10.4 	(a) For purposes of sections 47.90 to 47.985, the following terms have the meanings 
10.5 	given.
10.6 	(b) "Account agreement" means an agreement that:
10.7 	(1) is in a record between a bank and one or more depositors;
10.8 	(2) may have one or more beneficiaries as additional parties; and
10.9 	(3) states the intention of the parties to establish a special deposit governed by sections 
10.10 	47.90 to 47.985.
10.11 	(c) "Bank" means a person engaged in the business of banking and includes a savings 
10.12 	bank; savings and loan association; credit union; trust company; and a banking institution, 
10.13 	as defined in section 48.01, subdivision 2. Each branch or separate office of a bank is a 
10.14 	separate bank for the purposes of sections 47.90 to 47.985.
10.15 	(d) "Beneficiary" means a person that:
10.16 	(1) is identified as a beneficiary in an account agreement; or
10.17 	(2) if not identified as a beneficiary in an account agreement, may be entitled to payment 
10.18 	from a special deposit:
10.19 	(i) under the account agreement; or
10.20 	(ii) on termination of the special deposit.
10.21 	(e) "Contingency" means an event or circumstance stated in an account agreement that 
10.22 	is not certain to occur but must occur before the bank is obligated to pay a beneficiary.
10.23 	(f) "Creditor process" means attachment, garnishment, levy, notice of lien, sequestration, 
10.24 	or similar process issued by or on behalf of a creditor or other claimant.
10.25 	(g) "Depositor" means a person that establishes or funds a special deposit.
10.26 	(h) "Good faith" means honesty in fact and observance of reasonable commercial 
10.27 	standards of fair dealing.
10.28 	(i) "Knowledge" of a fact means:
10.29 	(1) with respect to a beneficiary, actual knowledge of the fact; or
11.1 	(2) with respect to a bank holding a special deposit:
11.2 	(i) if the bank:
11.3 	(A) has established a reasonable routine for communicating material information to an 
11.4 	individual to whom the bank has assigned responsibility for the special deposit; and
11.5 	(B) maintains reasonable compliance with the routine, actual knowledge of the fact by 
11.6 	that individual; or
11.7 	(ii) if the bank has not established and maintained reasonable compliance with a routine 
11.8 	described in item (i) or otherwise exercised due diligence, implied knowledge of the fact 
11.9 	that would have come to the attention of an individual to whom the bank has assigned 
11.10 	responsibility for the special deposit.
11.11 	(j) "Obligated to pay a beneficiary" means a beneficiary is entitled under the account 
11.12 	agreement to receive from the bank a payment when:
11.13 	(1) a contingency has occurred; and
11.14 	(2) the bank has knowledge the contingency has occurred.
11.15 	"Obligation to pay a beneficiary" has a corresponding meaning.
11.16 	(k) "Permissible purpose" means a governmental, regulatory, commercial, charitable, 
11.17 	or testamentary objective of the parties stated in an account agreement. Permissible purpose 
11.18 	includes an objective to:
11.19 	(1) hold funds:
11.20 	(i) in escrow, including for a purchase and sale, lease, buyback, or other transaction;
11.21 	(ii) as a security deposit of a tenant;
11.22 	(iii) that may be distributed to a person as remuneration, retirement or other benefit, or 
11.23 	compensation under a judgment, consent decree, court order, or other decision of a tribunal; 
11.24 	or
11.25 	(iv) for distribution to a defined class of persons after identification of the class members 
11.26 	and their interest in the funds;
11.27 	(2) provide assurance with respect to an obligation created by contract, such as earnest 
11.28 	money to ensure a transaction closes;
11.29 	(3) settle an obligation that arises in the operation of a payment system, securities 
11.30 	settlement system, or other financial market infrastructure;
12.1 	(4) provide assurance with respect to an obligation that arises in the operation of a 
12.2 	payment system, securities settlement system, or other financial market infrastructure; or
12.3 	(5) hold margin, other cash collateral, or funds that support the orderly functioning of 
12.4 	financial market infrastructure or the performance of an obligation with respect to the 
12.5 	infrastructure.
12.6 	(l) "Person" means an individual; estate; business or nonprofit entity; government or 
12.7 	governmental subdivision, agency, or instrumentality; or other legal entity. Person includes 
12.8 	a protected series, however denominated, of an entity if the protected series is established 
12.9 	under law that limits, or limits if conditions specified under law are satisfied, the ability of 
12.10 	a creditor of the entity or of any other protected series of the entity to satisfy a claim from 
12.11 	assets of the protected series.
12.12 	(m) "Record" means information:
12.13 	(1) inscribed on a tangible medium; or
12.14 	(2) stored in an electronic or other medium and retrievable in perceivable form.
12.15 	(n) "Special deposit" means a deposit that satisfies section 47.92.
12.16 	(o) "State" means a state of the United States, the District of Columbia, Puerto Rico, the 
12.17 	United States Virgin Islands, or any other territory or possession subject to the jurisdiction 
12.18 	of the United States. State includes an agency or instrumentality of the state.

12.19 	Sec. 8. [47.91] SCOPE; CHOICE OF LAW; FORUM.
12.20 	(a) Sections 47.90 to 47.985 apply to a special deposit under an account agreement that 
12.21 	states the intention of the parties to establish a special deposit governed by sections 47.90 
12.22 	to 47.985, regardless of whether a party to the account agreement or a transaction related 
12.23 	to the special deposit, or the special deposit itself, has a reasonable relation to this state.
12.24 	(b) The parties to an account agreement may choose a forum in this state for settling a 
12.25 	dispute arising out of the special deposit, regardless of whether a party to the account 
12.26 	agreement or a transaction related to the special deposit, or the special deposit itself, has a 
12.27 	reasonable relation to this state.
12.28 	(c) Sections 47.90 to 47.985 do not affect:
12.29 	(1) a right or obligation relating to a deposit other than a special deposit under sections 
12.30 	47.90 to 47.985; or
12.31 	(2) the voidability of a deposit or transfer that is fraudulent or voidable under other law.

13.1 	Sec. 9. [47.915] VARIATION BY AGREEMENT OF AMENDMENT.
13.2 	(a) The effect of sections 47.905 to 47.925, 47.935 to 47.96, and 47.975 may not be 
13.3 	varied by agreement, except as provided in those sections. Subject to paragraph (b), the 
13.4 	effect of sections 47.93, 47.965, and 47.97 may be varied by agreement.
13.5 	(b) A provision in an account agreement or other record that substantially excuses liability 
13.6 	or substantially limits remedies for failure to perform an obligation under sections 47.90 to 
13.7 	47.985 is not sufficient to vary the effect of a provision of sections 47.90 to 47.985.
13.8 	(c) If a beneficiary is a party to an account agreement, the bank and the depositor may 
13.9 	amend the agreement without the consent of the beneficiary only if the agreement expressly 
13.10 	permits the amendment.
13.11 	(d) If a beneficiary is not a party to an account agreement and the bank and the depositor 
13.12 	know the beneficiary has knowledge of the agreement's terms, the bank and the depositor 
13.13 	may amend the agreement without the consent of the beneficiary only if the amendment 
13.14 	does not adversely and materially affect a payment right of the beneficiary.
13.15 	(e) If a beneficiary is not a party to an account agreement and the bank and the depositor 
13.16 	do not know whether the beneficiary has knowledge of the agreement's terms, the bank and 
13.17 	the depositor may amend the agreement without the consent of the beneficiary only if the 
13.18 	amendment is made in good faith.

13.19 	Sec. 10. [47.92] REQUIREMENTS OF SPECIAL DEPOSIT.
13.20 	A deposit is a special deposit if it is:
13.21 	(1) a deposit of funds in a bank under an account agreement;
13.22 	(2) for the benefit of at least two beneficiaries, one or more of which may be a depositor;
13.23 	(3) denominated in a medium of exchange that is currently authorized or adopted by a 
13.24 	domestic or foreign government;
13.25 	(4) for a permissible purpose stated in the account agreement; and
13.26 	(5) subject to a contingency.

13.27 	Sec. 11. [47.925] PERMISSIBLE PURPOSE.
13.28 	(a) A special deposit must serve at least one permissible purpose stated in the account 
13.29 	agreement from the time the special deposit is created in the account agreement until 
13.30 	termination of the special deposit.
14.1 	(b) If, before termination of the special deposit, the bank or a court determines the special 
14.2 	deposit no longer satisfies paragraph (a), sections 47.935 to 47.96 cease to apply to any 
14.3 	funds deposited in the special deposit after the special deposit ceases to satisfy paragraph 
14.4 	(a).
14.5 	(c) If, before termination of a special deposit, the bank determines the special deposit 
14.6 	no longer satisfies paragraph (a), the bank may take action it believes is necessary under 
14.7 	the circumstances, including terminating the special deposit.

14.8 	Sec. 12. [47.93] PAYMENT TO BENEFICIARY BY BANK.
14.9 	(a) Unless the account agreement provides otherwise, the bank is obligated to pay a 
14.10 	beneficiary if there are sufficient actually and finally collected funds in the balance of the 
14.11 	special deposit.
14.12 	(b) Except as provided in paragraph (c), the obligation to pay the beneficiary is excused 
14.13 	if the funds available in the special deposit are insufficient to cover such payment.
14.14 	(c) Unless the account agreement provides otherwise, if the funds available in the special 
14.15 	deposit are insufficient to cover an obligation to pay a beneficiary, a beneficiary may elect 
14.16 	to be paid the funds that are available or, if there is more than one beneficiary, a pro rata 
14.17 	share of the funds available. Payment to the beneficiary making the election under this 
14.18 	paragraph discharges the bank's obligation to pay a beneficiary and does not constitute an 
14.19 	accord and satisfaction with respect to another person obligated to the beneficiary.
14.20 	(d) Unless the account agreement provides otherwise, the obligation of the bank obligated 
14.21 	to pay a beneficiary is immediately due and payable.
14.22 	(e) The bank may discharge its obligation under this section by:
14.23 	(1) crediting another transaction account of the beneficiary; or
14.24 	(2) taking other action that:
14.25 	(i) is permitted under the account agreement for the bank to obtain a discharge; or
14.26 	(ii) otherwise would constitute a discharge under law.
14.27 	(f) If the bank obligated to pay a beneficiary has incurred an obligation to discharge the 
14.28 	obligation of another person, the obligation of the other person is discharged if action by 
14.29 	the bank under paragraph (e) would constitute a discharge of the obligation of the other 
14.30 	person under law that determines whether an obligation is satisfied.

15.1 	Sec. 13. [47.935] PROPERTY INTEREST OF DEPOSITOR OR BENEFICIARY.
15.2 	(a) Neither a depositor nor a beneficiary has a property interest in a special deposit.
15.3 	(b) Any property interest with respect to a special deposit is only in the right to receive 
15.4 	payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. 
15.5 	Any property interest under this paragraph is determined under other law.

15.6 	Sec. 14. [47.94] WHEN CREDITOR PROCESS ENFORCEABLE AGAINST BANK.
15.7 	(a) Subject to paragraph (b), creditor process with respect to a special deposit is not 
15.8 	enforceable against the bank holding the special deposit.
15.9 	(b) Creditor process is enforceable against the bank holding a special deposit with respect 
15.10 	to an amount the bank is obligated to pay a beneficiary or a depositor if the process:
15.11 	(1) is served on the bank;
15.12 	(2) provides sufficient information to permit the bank to identify the depositor or the 
15.13 	beneficiary from the bank's books and records; and
15.14 	(3) gives the bank a reasonable opportunity to act on the process.
15.15 	(c) Creditor process served on a bank before it is enforceable against the bank under 
15.16 	paragraph (b) does not create a right of the creditor against the bank or a duty of the bank 
15.17 	to the creditor. Other law determines whether creditor process creates a lien enforceable 
15.18 	against the beneficiary on a contingent interest of a beneficiary, including a depositor as a 
15.19 	beneficiary, even if not enforceable against the bank.

15.20 	Sec. 15. [47.945] INJUNCTION OR SIMILAR RELIEF.
15.21 	A court may enjoin, or grant similar relief that would have the effect of enjoining, a 
15.22 	bank from paying a depositor or beneficiary only if payment would constitute a material 
15.23 	fraud or facilitate a material fraud with respect to a special deposit.

15.24 	Sec. 16. [47.96] RECOUPMENT OR SET OFF.
15.25 	(a) Except as provided in paragraph (b) or (c), a bank may not exercise a right of 
15.26 	recoupment or set off against a special deposit.
15.27 	(b) An account agreement may authorize the bank to debit the special deposit:
15.28 	(1) when the bank becomes obligated to pay a beneficiary, in an amount that does not 
15.29 	exceed the amount necessary to discharge the obligation;
16.1 	(2) for a fee assessed by the bank that relates to an overdraft in the special deposit 
16.2 	account;
16.3 	(3) for costs incurred by the bank that relate directly to the special deposit; or
16.4 	(4) to reverse an earlier credit posted by the bank to the balance of the special deposit 
16.5 	account, if the reversal occurs under an event or circumstance warranted under other law 
16.6 	of this state governing mistake and restitution.
16.7 	(c) The bank holding a special deposit may exercise a right of recoupment or set off 
16.8 	against an obligation to pay a beneficiary, even if the bank funds payment from the special 
16.9 	deposit.

16.10 	Sec. 17. [47.965] DUTIES AND LIABILITY OF BANK.
16.11 	(a) A bank does not have a fiduciary duty to any person with respect to a special deposit.
16.12 	(b) When the bank holding a special deposit becomes obligated to pay a beneficiary, a 
16.13 	debtor-creditor relationship arises between the bank and beneficiary.
16.14 	(c) The bank holding a special deposit has a duty to a beneficiary to comply with the 
16.15 	account agreement and sections 47.90 to 47.985.
16.16 	(d) If the bank holding a special deposit does not comply with the account agreement 
16.17 	or sections 47.90 to 47.985, the bank is liable to a depositor or beneficiary only for damages 
16.18 	proximately caused by the noncompliance. Except as provided by other law of this state, 
16.19 	the bank is not liable for consequential, special, or punitive damages.
16.20 	(e) The bank holding a special deposit may rely on records presented in compliance with 
16.21 	the account agreement to determine whether the bank is obligated to pay a beneficiary.
16.22 	(f) If the account agreement requires payment on presentation of a record, the bank shall 
16.23 	determine within a reasonable time whether the record is sufficient to require payment. If 
16.24 	the agreement requires action by the bank on presentation of a record, the bank is not liable 
16.25 	for relying in good faith on the genuineness of the record if the record appears on its face 
16.26 	to be genuine.
16.27 	(g) Unless the account agreement provides otherwise, the bank is not required to 
16.28 	determine whether a permissible purpose stated in the agreement continues to exist.

16.29 	Sec. 18. [47.97] TERM AND TERMINATION.
16.30 	(a) Unless otherwise provided in the account agreement, a special deposit terminates 
16.31 	five years after the date the special deposit was first funded.
17.1 	(b) Unless otherwise provided in the account agreement, if the bank cannot identify or 
17.2 	locate a beneficiary entitled to payment when the special deposit is terminated, and a balance 
17.3 	remains in the special deposit, the bank shall pay the balance to the depositor or depositors 
17.4 	as a beneficiary or beneficiaries.
17.5 	(c) A bank that pays the remaining balance as provided under paragraph (b) has no 
17.6 	further obligation with respect to the special deposit.

17.7 	Sec. 19. [47.975] PRINCIPLES OF LAW AND EQUITY.
17.8 	Chapter 336; consumer protection law; law governing deposits generally; law related 
17.9 	to escheat and abandoned or unclaimed property; and the principles of law and equity, 
17.10 	including law related to capacity to contract, principal and agent, estoppel, fraud, 
17.11 	misrepresentation, duress, coercion, mistake, and bankruptcy, supplement sections 47.90 
17.12 	to 47.985, except to the extent inconsistent with sections 47.90 to 47.985.

17.13 	Sec. 20. [47.98] UNIFORMITY OF APPLICATION AND CONSTRUCTION.
17.14 	In applying and construing this uniform act, a court shall consider the promotion of 
17.15 	uniformity of the law among jurisdictions that enact it.

17.16 	Sec. 21. [47.985] TRANSITIONAL PROVISION.
17.17 	Sections 47.90 to 47.985 apply to:
17.18 	(1) a special deposit made under an account agreement executed on or after August 1, 
17.19 	2025; and
17.20 	(2) a deposit made under an agreement executed before August 1, 2025, if:
17.21 	(i) all parties entitled to amend the agreement agree to make the deposit a special deposit 
17.22 	governed by sections 47.90 to 47.985; and
17.23 	(ii) the special deposit referenced in the amended agreement satisfies section 47.92.

17.24 	Sec. 22. Minnesota Statutes 2024, section 53B.61, is amended to read:
17.25 	53B.61 MAINTENANCE OF PERMISSIBLE INVESTMENTS.
17.26 	(a) A licensee must maintain at all times permissible investments that have a market 
17.27 	value computed in accordance with United States generally accepted accounting principles 
17.28 	of not less than the aggregate amount of all of the licensee's outstanding money transmission 
17.29 	obligations.
18.1 	(b) Except for permissible investments enumerated in section 53B.62, paragraph (a)
18.2 	subdivision 1, clause (1), the commissioner may by administrative rule or order, with respect 
18.3 	to any licensee, limit the extent to which a specific investment maintained by a licensee 
18.4 	within a class of permissible investments may be considered a permissible investment, if 
18.5 	the specific investment represents undue risk to customers not reflected in the market value 
18.6 	of investments.
18.7 	(c) Permissible investments, even if commingled with other assets of the licensee, are 
18.8 	held in trust for the benefit of the purchasers and holders of the licensee's outstanding money 
18.9 	transmission obligations in the event of insolvency; the filing of a petition by or against the 
18.10 	licensee under the United States Bankruptcy Code, United States Code, title 11, sections 
18.11 	101 to 110, as amended or recodified from time to time, for bankruptcy or reorganization; 
18.12 	the filing of a petition by or against the licensee for receivership; the commencement of any 
18.13 	other judicial or administrative proceeding for the licensee's dissolution or reorganization; 
18.14 	or in the event of an action by a creditor against the licensee who is not a beneficiary of this 
18.15 	statutory trust. No permissible investments impressed with a trust pursuant to this paragraph 
18.16 	are subject to attachment, levy of execution, or sequestration by order of any court, except 
18.17 	for a beneficiary of the statutory trust.
18.18 	(d) Upon the establishment of a statutory trust in accordance with paragraph (c), or when 
18.19 	any funds are drawn on a letter of credit pursuant to section 53B.62, paragraph (a), clause 
18.20 	(4), the commissioner must notify the applicable regulator of each state in which the licensee 
18.21 	is licensed to engage in money transmission, if any, of the establishment of the trust or the 
18.22 	funds drawn on the letter of credit, as applicable. Notice is deemed satisfied if performed 
18.23 	pursuant to a multistate agreement or through NMLS. Funds drawn on a letter of credit, and 
18.24 	any other permissible investments held in trust for the benefit of the purchasers and holders 
18.25 	of the licensee's outstanding money transmission obligations, are deemed held in trust for 
18.26 	the benefit of the purchasers and holders of the licensee's outstanding money transmission 
18.27 	obligations on a pro rata and equitable basis in accordance with statutes pursuant to which 
18.28 	permissible investments are required to be held in Minnesota and other states, as defined 
18.29 	by a substantially similar statute in the other state. Any statutory trust established under this 
18.30 	section terminates upon extinguishment of all of the licensee's outstanding money 
18.31 	transmission obligations.
18.32 	(e) The commissioner may by rule or by order allow other types of investments that the 
18.33 	commissioner determines are of sufficient liquidity and quality to be a permissible 
18.34 	investment. The commissioner is authorized to participate in efforts with other state regulators 
19.1 	to determine that other types of investments are of sufficient liquidity and quality to be a 
19.2 	permissible investment.

19.3 	Sec. 23. Minnesota Statutes 2024, section 55.07, is amended by adding a subdivision to 
19.4 	read:
19.5 		Subd. 3.Safe deposit lease; automatic renewal. A safe deposit lease may renew 
19.6 	automatically at the end of the lease's term. A consumer may terminate a safe deposit lease 
19.7 	at any time in writing or in any other manner described in the lease.

19.8 	Sec. 24. Minnesota Statutes 2024, section 58B.02, subdivision 8a, is amended to read:
19.9 		Subd. 8a.Lender. "Lender" means an entity engaged in the business of securing, making, 
19.10 	or extending student loans. Lender does not include, to the extent that state regulation is 
19.11 	preempted by federal law:
19.12 	(1) a bank, savings banks, savings and loan association, or credit union;
19.13 	(2) a wholly owned subsidiary of a bank or credit union;
19.14 	(3) an operating subsidiary where each owner is wholly owned by the same bank or 
19.15 	credit union;
19.16 	(4) the United States government, through Title IV of the Higher Education Act of 1965, 
19.17 	as amended, and administered by the United States Department of Education;
19.18 	(5) an agency, instrumentality, or political subdivision of Minnesota;
19.19 	(6) a regulated lender organized under chapter 56, except that a regulated lender must 
19.20 	file the annual report required for lenders under section 58B.03, subdivision 11 10; or
19.21 	(7) a person who is not in the business of making student loans and who makes no more 
19.22 	than three student loans, with the person's own funds, during any 12-month period.

19.23 	Sec. 25. Minnesota Statutes 2024, section 334.01, subdivision 2, is amended to read:
19.24 		Subd. 2.Contracts of $100,000 or more. Notwithstanding any law to the contrary, 
19.25 	except as stated in section 58.137, and with respect to contracts a conventional loan or 
19.26 	contract for deed, section 47.20, subdivision 4a, no limitation on the rate or amount of 
19.27 	interest, points, finance charges, fees, or other charges applies to a loan, mortgage, credit 
19.28 	sale, or advance made under a written contract, signed by the debtor, for the extension of 
19.29 	credit to the debtor in the amount of $100,000 or more, or any written extension and other 
20.1 	written modification of the written contract. The written contract, written extension, and 
20.2 	written modification are exempt from the other provisions of this chapter.

20.3 	Sec. 26. Minnesota Statutes 2024, section 580.07, subdivision 1, is amended to read:
20.4 		Subdivision 1.Postponement by mortgagee. (a) The sale may be postponed, from time 
20.5 	to time, by the party conducting the foreclosure. The party requesting the postponement 
20.6 	must, at the party's expense:
20.7 	(1) publish, only once, a notice of the postponement and the rescheduled date of the sale, 
20.8 	if known, as soon as practicable, in the newspaper in which the notice under section 580.03
20.9 	was published; and
20.10 	(2) send by first class mail to the occupant, postmarked within three business days of 
20.11 	the postponed sale, notice:
20.12 	(i) of the postponement; and
20.13 	(ii) if known, of the rescheduled date of the sale and the date on or before which the 
20.14 	mortgagor must vacate the property if the sheriff's sale is not further postponed, the mortgage 
20.15 	is not reinstated under section 580.30, the property is not redeemed under section 580.23, 
20.16 	or the redemption period is not reduced under section 582.032. The notice must state that 
20.17 	the time to vacate the property is 11:59 p.m. on the specified date.
20.18 	(b) If the rescheduled date of the sale is not known at the time of the initial publication 
20.19 	and notice to the occupant of postponement, the foreclosing party must, at its expense if 
20.20 	and when a new date of sale is scheduled:
20.21 	(1) publish, only once, notice of the rescheduled date of the sale, as soon as practicable, 
20.22 	in the newspaper in which the notice under section 580.03 and the notice of postponement 
20.23 	under paragraph (a) was published; and
20.24 	(2) send by first class mail to the occupant, postmarked within ten days of the rescheduled 
20.25 	sale, notice:
20.26 	(i) of the date of the rescheduled sale; and
20.27 	(ii) of the date on or before which the mortgagor must vacate the property if the mortgage 
20.28 	is not reinstated under section 580.30 or the property redeemed under section 580.23. The 
20.29 	notice must state that the time to vacate the property is 11:59 p.m. on the specified date.
20.30 	(c) The right of a mortgagee to postpone a foreclosure sale under this section applies to 
20.31 	a foreclosure by action taken under chapter 581.

21.1 	EFFECTIVE DATE. This section is effective August 1, 2025, for judicial foreclosures 
21.2 	with the lis pendens recorded on or after the effective date.

21.3 	Sec. 27. Minnesota Statutes 2024, section 580.07, subdivision 2, is amended to read:
21.4 		Subd. 2.Postponement by mortgagor or owner. (a) If all or a part of the property to 
21.5 	be sold is classified as homestead under section 273.124 and contains one to four dwelling 
21.6 	units, the mortgagor or owner may, in the manner provided in this subdivision, postpone 
21.7 	the sale to the first date that is not a Saturday, Sunday, or legal holiday and is:
21.8 	(1) five months after the originally scheduled date of sale if the original redemption 
21.9 	period was six months under section 580.23, subdivision 1; or
21.10 	(2) 11 months after the originally scheduled date of sale if the original redemption period 
21.11 	was 12 months under section 580.23, subdivision 2. To postpone a foreclosure sale pursuant 
21.12 	to this subdivision, at any time after the first publication of the notice of mortgage foreclosure 
21.13 	sale under section 580.03 but at least 15 days prior to the scheduled sale date specified in 
21.14 	that notice, the mortgagor shall: (1) execute a sworn affidavit in the form set forth in 
21.15 	subdivision 3, (2) record the affidavit in the office of each county recorder and registrar of 
21.16 	titles where the mortgage was recorded, and (3) file with the sheriff conducting the sale and 
21.17 	deliver to the attorney foreclosing the mortgage a copy of the recorded affidavit, showing 
21.18 	the date and office in which the affidavit was recorded. Recording of the affidavit and 
21.19 	postponement of the foreclosure sale pursuant to this subdivision shall automatically reduce 
21.20 	the mortgagor's redemption period under section 580.23 to five weeks. The postponement 
21.21 	of a foreclosure sale pursuant to this subdivision does not require any change in the contents 
21.22 	of the notice of sale, service of the notice of sale if the occupant was served with the notice 
21.23 	of sale prior to postponement under this subdivision, or publication of the notice of sale if 
21.24 	publication was commenced prior to postponement under this subdivision, notwithstanding 
21.25 	the service and publication time periods specified in section 580.03, but the sheriff's 
21.26 	certificate of sale shall indicate the actual date of the foreclosure sale and the actual length 
21.27 	of the mortgagor's redemption period. No notice of postponement need be published. An 
21.28 	affidavit complying with subdivision 3 shall be prima facie evidence of the facts stated 
21.29 	therein, and shall be entitled to be recorded. The right to postpone a foreclosure sale pursuant 
21.30 	to this subdivision may be exercised only once, regardless whether the mortgagor reinstates 
21.31 	the mortgage prior to the postponed mortgage foreclosure sale.
21.32 	(b) If the automatic stay under United States Code, title 11, section 362, applies to the 
21.33 	mortgage foreclosure after a mortgagor or owner requests postponement of the sheriff's sale 
21.34 	under this section, then when the automatic stay is no longer applicable, the mortgagor's or 
22.1 	owner's election to shorten the redemption period to five weeks under this section remains 
22.2 	applicable to the mortgage foreclosure.
22.3 	(c) Except for the circumstances set forth in paragraph (b), this section does not reduce 
22.4 	the mortgagor's redemption period under section 580.23 for any subsequent foreclosure of 
22.5 	the mortgage.
22.6 	(d) The right of a mortgagor or owner to postpone a foreclosure sale under this section 
22.7 	applies to a foreclosure by action taken under chapter 581.

22.8 	EFFECTIVE DATE. This section is effective August 1, 2025, for judicial foreclosures 
22.9 	with the lis pendens recorded on or after the effective date.

22.10 	Sec. 28. Minnesota Statutes 2024, section 581.02, is amended to read:
22.11 	581.02 APPLICATION, CERTAIN SECTIONS.
22.12 	(a) The provisions of sections 580.08, 580.09, 580.12, 580.22, 580.25, and 580.27, so 
22.13 	far as they relate to the form of the certificate of sale, shall apply to and govern the 
22.14 	foreclosure of mortgages by action.
22.15 	(b) Section 580.07 applies to actions for the foreclosure of mortgages taken under this 
22.16 	chapter.

22.17 	EFFECTIVE DATE. This section is effective August 1, 2025, for judicial foreclosures 
22.18 	with the lis pendens recorded on or after the effective date.

22.19 	Sec. 29. CERTAIN COMPLIANCE OPTIONAL.
 22.20 	A lender's compliance with Minnesota Statutes, section 47.20, subdivision 8, is optional 
22.21 	with respect to conventional loan mortgage documents dated between August 1, 2024, and 
22.22 	July 31, 2025.

22.23 	EFFECTIVE DATE. This section is effective retroactively from July 31, 2024.

22.24 	ARTICLE 2
22.25 	INSURANCE

22.26 	Section 1. Minnesota Statutes 2024, section 60C.09, subdivision 2, is amended to read:
22.27 		Subd. 2.Further definition. In addition to subdivision 1, a covered claim does not 
22.28 	include:
22.29 	(1) claims by an affiliate of the insurer;
23.1 	(2) claims due a reinsurer, insurer, insurance pool, or underwriting association, as 
23.2 	subrogation recoveries, reinsurance recoveries, contribution, indemnification, or otherwise. 
23.3 	This clause does not prevent a person from presenting the excluded claim to the insolvent 
23.4 	insurer or its liquidator, but the claims shall not be asserted against another person, including 
23.5 	the person to whom the benefits were paid or the insured of the insolvent insurer, except to 
23.6 	the extent that the claim is outside the coverage of the policy issued by the insolvent insurer; 
23.7 	and
23.8 	(3) any claims, resulting from insolvencies which occur after July 31, 1996, by an insured 
23.9 	whose net worth exceeds $25,000,000 on December 31 of the year prior to the year in which 
23.10 	the insurer becomes an insolvent insurer; provided that an insured's net worth on that date 
23.11 	shall be deemed to include the aggregate net worth of the insured and all of its subsidiaries 
23.12 	and affiliates as calculated on a consolidated basis. The association may request financial 
23.13 	information from an insured to determine the insured's net worth under this clause. If an 
23.14 	insured fails to provide the requested financial information within 60 days of the date the 
23.15 	association submits a request, the insured's net worth is deemed to exceed $25,000,000 for 
23.16 	purposes of the association's evaluation of the claim under section 60C.10. A request by 
23.17 	the association to an insured seeking financial information under this clause must inform 
23.18 	the insured of the consequences of failing to provide the requested information;
23.19 	(4) any claims under a policy written by an insolvent insurer with a deductible or 
23.20 	self-insured retention of $300,000 or more, nor that portion of a claim that is within an 
23.21 	insured's deductible or self-insured retention; and
23.22 	(5) claims that are a fine, penalty, interest, or punitive or exemplary damages.

23.23 	Sec. 2. Minnesota Statutes 2024, section 62A.65, subdivision 2, is amended to read:
23.24 		Subd. 2.Guaranteed renewal. No individual health plan may be offered, sold, issued, 
23.25 	or renewed to a Minnesota resident unless the health plan provides that the plan is guaranteed 
23.26 	renewable at a premium rate that does not take into account the claims experience or any 
23.27 	change in the health status of any covered person that occurred after the initial issuance of 
23.28 	the health plan to the person. The premium rate upon renewal must also otherwise comply 
23.29 	with this section. A health carrier must not refuseis prohibited from refusing to renew an
23.30 	a Minnesota resident's individual health plan, except for nonpayment of premiums, fraud, 
23.31 	or misrepresentation. unless:
23.32 	(1) the enrollee has failed to pay premiums in accordance with the health plan's terms, 
23.33 	including any timeliness requirements;
24.1 	(2) the enrollee has performed an act or practice that constitutes fraud or made an 
24.2 	intentional misrepresentation of material fact under the health plan's terms;
24.3 	(3) the enrollee no longer lives in the area where the issuer is authorized to operate;
24.4 	(4) a health carrier discontinues an individual health plan as provided under subdivision 
24.5 	2a; or
24.6 	(5) a health carrier discontinues issuing new individual health plans and refuses to renew 
24.7 	all of the health carrier's existing individual health plans issued in Minnesota as provided 
24.8 	under subdivision 8.

24.9 	Sec. 3. Minnesota Statutes 2024, section 62A.65, is amended by adding a subdivision to 
24.10 	read:
24.11 		Subd. 2a.Discontinuing individual health plan. (a) In order to discontinue a particular 
24.12 	type of individual health plan in Minnesota for purposes of subdivision 2, clause (4), a health 
24.13 	carrier must:
24.14 	(1) provide written notice to the commissioner that approves the individual health plan's 
24.15 	policy forms and filings, in the form and manner approved by the commissioner, regarding 
24.16 	the health carrier's intent to discontinue a particular type of individual health plan in 
24.17 	Minnesota. The notice must be provided no later than May 1 of the year before the date the 
24.18 	individual health plan intends to discontinue the particular type of individual health plan;
24.19 	(2) provide written notice to each individual enrolled in the individual health plan no 
24.20 	later than 90 days before the date the coverage is discontinued;
24.21 	(3) offer each individual covered by the individual health plan that the health carrier 
24.22 	intends to discontinue the option to purchase on a guaranteed-issue basis any other individual 
24.23 	health plan currently offered by the health carrier for individuals in that market; and
24.24 	(4) act uniformly without regard to any factor relating to the health status factor of 
24.25 	covered individuals or dependents of covered individuals who may become eligible for 
24.26 	coverage.
24.27 	(b) The commissioner may disapprove a health carrier discontinuing a particular type 
24.28 	of individual health plan within 60 days after receiving notice under paragraph (a) if the 
24.29 	commissioner determines discontinuing the plan is not in Minnesota policyholders' best 
24.30 	interest. When making the determination under this paragraph, the commissioner may 
24.31 	consider the size of plan enrollment, the availability of comparable individual health plan 
25.1 	options offered by the health carrier in Minnesota, or any other factor the commissioner 
25.2 	deems relevant.
25.3 	(c) A health carrier may appeal the commissioner's determination under paragraph (b) 
25.4 	to disapprove the health carrier's plan to discontinue a particular type of individual health 
25.5 	plan in Minnesota. An appeal under this paragraph is subject to the contested case procedures 
25.6 	under chapter 14 and must be made within 30 days of the date the commissioner makes a 
25.7 	written determination under paragraph (b).

25.8 	Sec. 4. Minnesota Statutes 2024, section 62D.12, subdivision 2, is amended to read:
25.9 		Subd. 2.Coverage cancellation; nonrenewal. No health maintenance organization may 
25.10 	cancel or fail to renew the coverage of an enrollee except for (1) failure to pay the charge 
25.11 	for health care coverage; (2) termination of the health care plan subject to section 62A.65, 
25.12 	subdivisions 2 and 2a; (3) termination of the group plan; (4) enrollee moving out of the area 
25.13 	served, subject to section 62A.17, subdivisions 1 and 6, and section 62D.104; (5) enrollee 
25.14 	moving out of an eligible group, subject to section 62A.17, subdivisions 1 and 6, and section 
25.15 	62D.104; (6) failure to make co-payments required by pay premiums as provided by the 
25.16 	terms of the health care plan, including timeliness requirements; (7) fraud or 
25.17 	misrepresentation by the enrollee with respect to eligibility for coverage or any other material 
25.18 	fact; or (8) other reasons established in rules promulgated by the commissioner of health.

25.19 	Sec. 5. Minnesota Statutes 2024, section 62D.12, subdivision 2a, is amended to read:
25.20 		Subd. 2a.Cancellation or nonrenewal notice. Enrollees shall be given 30 days' notice 
25.21 	of any cancellation or nonrenewal, except that: (1) enrollees in a plan terminated under 
25.22 	section 62A.65, subdivisions 2, clause (4), and 2a, must receive the 90 days' notice required 
25.23 	under section 62A.65, subdivision 2a, paragraph (a), clause (2); and (2) enrollees who are 
25.24 	eligible to receive replacement coverage under section 62D.121, subdivision 1, shall receive 
25.25 	90 days' notice as provided under section 62D.121, subdivision 5.

25.26 	Sec. 6. Minnesota Statutes 2024, section 62D.121, subdivision 1, is amended to read:
25.27 		Subdivision 1.Replacement coverage. When membership of an enrollee who has 
25.28 	individual health coverage is terminated by the health maintenance organization for a reason 
25.29 	other than (a) failure to pay the charge for health care coverage; (b) failure to make 
25.30 	co-payments required by pay premiums as provided by the terms of the health care plan, 
25.31 	including timeliness requirements; (c) enrollee moving out of the area served; or (d) a 
25.32 	materially false statement or misrepresentation by the enrollee in the application for 
26.1 	membership, the health maintenance organization must offer or arrange to offer replacement 
26.2 	coverage, without evidence of insurability, without preexisting condition exclusions, and 
26.3 	without interruption of coverage.

26.4 	Sec. 7. Minnesota Statutes 2024, section 62Q.73, subdivision 4, is amended to read:
26.5 		Subd. 4.Contract. Pursuant to a request for proposal, the commissioner of administration, 
26.6 	in consultation with the commissioners of health and commerce, shall must contract with 
26.7 	at least three organizations more than one organization or business entities entity to provide 
26.8 	independent external reviews of all adverse determinations submitted for external review. 
26.9 	The contract shall must ensure that the fees for services rendered in connection with the 
26.10 	reviews are reasonable.

26.11 	Sec. 8. Minnesota Statutes 2024, section 65B.02, subdivision 7, is amended to read:
26.12 		Subd. 7.Participation ratio. "Participation ratio" means the ratio of the member's 
26.13 	Minnesota premiums, or other measure of business written approved by the commissioner, 
26.14 	in relation to the comparable statewide totals for all members.
26.15 	(1) For private passenger nonfleet automobile insurance coverages the participation ratio 
26.16 	shall be based on voluntary car years written in this state for the calendar year ending 
26.17 	December 31 of the second prior year, as reported by the statistical agent of each member 
26.18 	as private passenger nonfleet exposures.
26.19 	(2) For insurance coverages on all other automobiles, including insurance for fleets, 
26.20 	commercial vehicles, public vehicles and garages, the ratio shall be based on the total 
26.21 	Minnesota gross, direct automobile insurance premiums written, including both policy and 
26.22 	membership fees less return premiums and premiums on policies not taken, without including 
26.23 	reinsurance assumed and without deducting reinsurance ceded, and less the amount of such 
26.24 	premiums reported as received for insurance on private passenger nonfleet vehicles, for the 
26.25 	calendar year ending December 31 of the second prior year.
26.26 	(3) For the purpose of determining each member's responsibility for expenses and 
26.27 	assessments to operate the facility, the ratio shall be based on each member's total Minnesota 
26.28 	car years and gross, direct premiums written, including both policy and membership fees 
26.29 	less return premiums and premiums on policies not taken, without including reinsurance 
26.30 	assumed and without deducting reinsurance ceded, for the calendar year ending December 
26.31 	31 of the second prior year, provided, however, that the preliminary determination of each 
26.32 	member's responsibility for expenses and assessments may use the calendar year ending 
26.33 	December 31 of the third prior year.

27.1 	Sec. 9. Minnesota Statutes 2024, section 65B.05, is amended to read:
27.2 	65B.05 POWER OF FACILITY, GOVERNING COMMITTEE.
27.3 	(a) The facility is authorized to: (1) issue or cause to be issued insurance policies in the 
27.4 	name of the Minnesota automobile insurance plan to applicants for the types of insurance 
27.5 	available under the plan, subject to limits specified in the plan of operation; (2) underwrite 
27.6 	the insurance and adjust and pay losses with respect to the plan; and (3) retain, hire, or 
27.7 	appoint an individual or company to perform a function under clause (1) or (2).
27.8 	(b) The governing committee shall have the power to direct the operation of the facility 
27.9 	in all pursuits consistent with the purposes and terms of sections 65B.01 to 65B.12, including 
27.10 	but not limited to the following:
27.11 	(1) To sue and be suing and being sued in the name of the facility and to assess each 
27.12 	member in accord with its participation ratio to pay any judgment against the facility as an 
27.13 	entity, provided, however, that no judgment against the facility shall create any liabilities 
27.14 	in one or more members disproportionate to their participation ratio or an individual 
27.15 	representing members on the governing committee.;
27.16 	(2) To delegate delegating ministerial duties, to hire hiring a manager, and to contract
27.17 	contracting for goods and services from others.;
27.18 	(3) To assess assessing members on the basis of participation ratios to cover anticipated 
27.19 	costs of operation and administration of the facility.; and
27.20 	(4) To impose imposing limitations on cancellation or nonrenewal by members of 
27.21 	insureds covered pursuant to placement through the facility in addition to the limitations 
27.22 	imposed by chapter 72A and sections 65B.1311 to 65B.21.

27.23 	Sec. 10. Minnesota Statutes 2024, section 65B.06, subdivision 1, is amended to read:
27.24 		Subdivision 1.Distribution of private passenger, nonfleet auto risks. With respect 
27.25 	to private passenger, nonfleet automobiles, the facility shall provide for the equitable 
27.26 	distribution of qualified applicants to members to share premium, losses, costs, and expenses
27.27 	in accordance with the participation ratio or among these insurance companies as selected 
27.28 	under the provisions of the plan of operation.

28.1 	Sec. 11. Minnesota Statutes 2024, section 65B.06, subdivision 2, is amended to read:
28.2 		Subd. 2.Private passenger; nonfleet auto coverage. With respect to private passenger, 
28.3 	nonfleet automobiles, the facility shall provide for the issuance of policies of automobile 
28.4 	insurance by members with coverage as follows:
28.5 	(1) bodily injury liability and property damage liability coverage in the minimum amounts 
28.6 	specified in section 65B.49, subdivision 3;
28.7 	(2) uninsured and underinsured motorist coverages as required by section 65B.49, 
28.8 	subdivisions 3a and 4a;
28.9 	(3) a reasonable selection of higher limits of liability coverage up to $50,000 because 
28.10 	of bodily injury to or death of one person in any one accident and, subject to such limit for 
28.11 	one person, up to $100,000 because of bodily injury to or death of two or more persons in 
28.12 	any one accident, and up to $25,000 because of injury to or destruction of property of others 
28.13 	in any one accident, or higher limits of liability coverage as recommended by the governing 
28.14 	committee and approved by the commissioner;
28.15 	(4) basic economic loss benefits, as required by section 65B.44, and other optional 
28.16 	coverages as recommended by the governing committee and approved by the commissioner; 
28.17 	and
28.18 	(5) automobile physical damage coverage, including coverage of loss by collision, subject 
28.19 	to deductible options.

28.20 	Sec. 12. Minnesota Statutes 2024, section 65B.06, subdivision 3, is amended to read:
28.21 		Subd. 3.Other auto coverage. With respect to all automobiles not included in 
28.22 	subdivisions 1 and 2, the facility shall provide:
28.23 	(1) the minimum limits of coverage required by section 65B.49, subdivisions 2, 3, 3a, 
28.24 	and 4a, or higher limits of liability coverage as recommended by the governing committee 
28.25 	and approved by the commissioner;
28.26 	(2) for the equitable distribution of qualified applicants sharing of premium, losses, 
28.27 	costs, and expenses for this coverage among the members in accord accordance with the 
28.28 	applicable participation ratio, or among these insurance companies as selected under the 
28.29 	provisions of the plan of operation; and
28.30 	(3) for a school district or contractor transporting school children under contract with a 
28.31 	school district, that amount of automobile liability insurance coverage, not to exceed 
28.32 	$1,000,000, required by the school district by resolution or contract, or that portion of such 
29.1 	$1,000,000 of coverage for which the school district or contractor applies and for which it 
29.2 	is eligible under section 65B.10.

29.3 	Sec. 13. Minnesota Statutes 2024, section 65B.10, subdivision 2, is amended to read:
29.4 		Subd. 2.Termination of eligibility. Eligibility for placement through the facility will 
29.5 	terminate if an insured is offered equivalent coverage in the voluntary market at a rate lower 
29.6 	than the facility rate. If the member that is required to provide coverage by the facility makes 
29.7 	such an offer after giving 30 days' advance written notice to the agent of record before 
29.8 	making the offer, the member shall have no further obligation to the agent of record.

29.9 	Sec. 14. Minnesota Statutes 2024, section 72A.20, is amended by adding a subdivision to 
29.10 	read:
29.11 		Subd. 42.Availability of current policy. After an original policy of automobile insurance 
29.12 	under section 65B.14, subdivision 2, or homeowner's insurance under section 65A.27, 
29.13 	subdivision 4, has been issued, an insurer must deliver a copy of the current policy to the 
29.14 	first named insured within 21 days of the date a request for the current policy is received. 
29.15 	The copy may be delivered in paper form, electronically, or via a website link. An insurer 
29.16 	is required to provide a current policy in response to a request under this subdivision once 
29.17 	per policy period.

29.18 	Sec. 15. REPEALER.
 29.19 	Minnesota Statutes 2024, section 65B.10, subdivision 3, is repealed.

29.20 	ARTICLE 3
29.21 	LIMITED LONG-TERM CARE INSURANCE

29.22 	Section 1. [62A.481] LIMITED LONG-TERM CARE INSURANCE.
29.23 		Subdivision 1.Short title. This section may be known and cited as the "Limited 
29.24 	Long-Term Care Insurance Act."
29.25 		Subd. 2.Definitions. (a) For purposes of this section, the following terms have the 
29.26 	meanings given.
29.27 	(b) "Applicant" means:
29.28 	(1) in the case of an individual limited long-term care insurance policy, the person who 
29.29 	seeks to contract for benefits; or
30.1 	(2) in the case of a group limited long-term care insurance policy, the proposed certificate 
30.2 	holder.
30.3 	(c) "Certificate" means a certificate issued under a group limited long-term care insurance 
30.4 	policy that has been delivered or issued for delivery in Minnesota.
30.5 	(d) "Commissioner" means the commissioner of commerce.
30.6 	(e) "Elimination period" means the length of time between meeting the eligibility for 
30.7 	benefit payment and receiving benefit payments from an insurer.
30.8 	(f) "Group limited long-term care insurance" means a limited long-term care insurance 
30.9 	policy that is delivered or issued for delivery in Minnesota and issued to:
30.10 	(1) one or more employers or labor organizations, a trust or the trustees of a fund 
30.11 	established by one or more employers, labor organizations, or a combination of employers 
30.12 	and labor organizations for: (i) employees, former employees, or a combination of employees 
30.13 	or former employees; or (ii) members, former members, or a combination of members or 
30.14 	former members of the labor organizations;
30.15 	(2) a professional, trade, or occupational association for the association's members, 
30.16 	former members, retired members, or a combination of members, former members, or retired 
30.17 	members, if the association:
30.18 	(i) is composed of individuals, all of whom are or were actively engaged in the same 
30.19 	profession, trade, or occupation; and
30.20 	(ii) has been maintained in good faith for purposes other than obtaining insurance;
30.21 	(3) an association, a trust, or the trustees of a fund established, created, or maintained 
30.22 	for the benefit of members of one or more associations. Prior to advertising, marketing, or 
30.23 	offering the policy within Minnesota, the association or associations, or the insurer of the 
30.24 	association or associations, must file evidence with the commissioner that the association 
30.25 	or associations have at the outset:
30.26 	(i) a minimum of 100 persons;
30.27 	(ii) been organized and maintained in good faith for purposes other than obtaining 
30.28 	insurance;
30.29 	(iii) been in active existence for at least one year; and
30.30 	(iv) a constitution and bylaws that provide:
31.1 	(A) the association or associations hold regular meetings not less than annually to further 
31.2 	purposes of the members;
31.3 	(B) except for credit unions, the association or associations collect dues or solicit 
31.4 	contributions from members; and
31.5 	(C) the members have voting privileges and representation on the governing board and 
31.6 	committees.
31.7 	Thirty days after the filing, the association or associations are deemed to satisfy the 
31.8 	organizational requirements unless the commissioner makes a finding that the association 
31.9 	or associations do not satisfy the organizational requirements; or
31.10 	(4) a group other than a group described in clauses (1) to (3), subject to the commissioner 
31.11 	finding that:
31.12 	(i) issuing the policy is not contrary to the public interest;
31.13 	(ii) issuing the policy results in acquisition or administrative economies; and
31.14 	(iii) the policy's benefits are reasonable in relation to the premiums charged.
31.15 	(g) "Limited long-term care insurance" means an insurance policy or rider:
31.16 	(1) issued by: (i) an insurer; (ii) a fraternal benefit society; (iii) a nonprofit health, hospital, 
31.17 	or medical service corporation; (iv) a prepaid health plan; (v) a health maintenance 
31.18 	organization; or (vi) a similar organization, to the extent the organization is authorized to 
31.19 	issue life or health insurance;
31.20 	(2) advertised, marketed, offered, or designed to provide coverage for less than 12 
31.21 	consecutive months for each covered person on an expense-incurred, indemnity, prepaid, 
31.22 	or other basis; and
31.23 	(3) for one or more necessary or medically necessary diagnostic, preventive, therapeutic, 
31.24 	rehabilitative, maintenance, or personal care service provided in a setting other than a 
31.25 	hospital's acute care unit.
31.26 	Limited long-term care insurance includes a policy or rider that provides for payment of 
31.27 	benefits based upon cognitive impairment or the loss of functional capacity. Limited 
31.28 	long-term care insurance does not include an insurance policy that is offered primarily to 
31.29 	provide basic Medicare supplement coverage, basic hospital expense coverage, basic 
31.30 	medical-surgical expense coverage, hospital confinement indemnity coverage, major medical 
31.31 	expense coverage, disability income or related asset-protection coverage, accident-only 
31.32 	coverage, specified disease or specified accident coverage, or limited benefit health coverage.
32.1 	(h) "Policy" means a policy, contract, subscriber agreement, rider, or endorsement 
32.2 	delivered or issued for delivery in Minnesota by an insurer; fraternal benefit society; nonprofit 
32.3 	health, hospital, or medical service corporation; prepaid health plan; health maintenance 
32.4 	organization; or any similar organization.
32.5 	(i) "Waiting period" means the time an insured individual must wait before some or all 
32.6 	of the insured individual's coverage becomes effective.
32.7 		Subd. 3.Scope. (a) This section applies to policies delivered or issued for delivery in 
32.8 	Minnesota on or after January 1, 2026. This section does not supersede an obligation that 
32.9 	an entity subject to this section has to comply with other applicable insurance laws to the 
32.10 	extent the other insurance laws do not conflict with this section, except that laws and 
32.11 	regulations designed and intended to apply to Medicare supplement insurance policies must 
32.12 	not be applied to limited long-term care insurance.
32.13 	(b) Notwithstanding any other provision of this section, a product, policy, certificate, or 
32.14 	rider advertised, marketed, or offered as limited long-term care insurance is subject to this 
32.15 	section.
32.16 		Subd. 4.Group limited long-term care insurance; extra-territorial jurisdiction. Group 
32.17 	limited long-term care insurance coverage must not be offered to a Minnesota resident under 
32.18 	a group policy issued in another state to a group described in subdivision 2, paragraph (f), 
32.19 	clause (4), unless Minnesota or another state having statutory and regulatory limited 
32.20 	long-term care insurance requirements substantially similar to those adopted in Minnesota 
32.21 	makes a determination that the statutory and regulatory limited long-term care insurance 
32.22 	requirements have been met.
32.23 		Subd. 5.Limited long-term care insurance; disclosure and performance 
32.24 	standards. (a) A limited long-term care insurance policy must not:
32.25 	(1) cancel, not renew, or otherwise terminate on the basis of the insured individual's or 
32.26 	certificate holder's age, gender, or deterioration of mental or physical health;
32.27 	(2) contain a provision that establishes a new waiting period in the event existing coverage 
32.28 	is converted to or replaced by a new or other form of coverage within the same company, 
32.29 	except with respect to an increase in benefits voluntarily selected by the insured individual 
32.30 	or group policyholder; or
32.31 	(3) provide coverage for only skilled nursing care or provide significantly more coverage 
32.32 	for skilled nursing care in a facility than coverage provided for lower levels of care.
33.1 	(b) A limited long-term care insurance policy or certificate issued to a group identified 
33.2 	in subdivision 2, paragraph (f), clauses (2) to (4), is prohibited from: (1) using a definition 
33.3 	for preexisting condition that is more restrictive than or excludes a condition for which 
33.4 	medical advice or treatment was recommended by or received from a health care services 
33.5 	provider within the six months preceding the date an insured individual's coverage is 
33.6 	effective; and (2) excluding coverage for a loss or confinement that is the result of a 
33.7 	preexisting condition unless the loss or confinement begins within six months of the date 
33.8 	an insured individual's coverage is effective. The commissioner may extend the limitation 
33.9 	periods established in clauses (1) and (2) with respect to specific age group categories in 
33.10 	specific policy forms upon a finding that the extension is in the public interest. The definition 
33.11 	of preexisting condition required under clause (1) does not prohibit an insurer from using 
33.12 	an application form designed to elicit the complete health history of an applicant and, on 
33.13 	the basis of the applicant's answers on the application, from underwriting in accordance 
33.14 	with that insurer's established underwriting standards. Unless otherwise provided in the 
33.15 	policy or certificate, an insurer is not required to cover a preexisting condition, regardless 
33.16 	of whether the preexisting condition is disclosed on the application, until the waiting period 
33.17 	under clause (2) expires. A limited long-term care insurance policy or certificate is prohibited 
33.18 	from excluding or using waivers or riders of any kind to exclude, limit, or reduce coverage 
33.19 	or benefits for specifically named or described preexisting diseases or physical conditions 
33.20 	beyond the waiting period established in clause (2).
33.21 	(c) A limited long-term care insurance policy must not be delivered or issued for delivery 
33.22 	in Minnesota if the policy conditions eligibility: (1) for any benefits, on a prior hospitalization 
33.23 	requirement; (2) for benefits provided in an institutional care setting, on the receipt of a 
33.24 	higher level of institutional care; or (3) for any benefits other than waiver of premium, 
33.25 	post-confinement, post-acute care, or recuperative benefits, on a prior institutionalization 
33.26 	requirement. A limited long-term care insurance policy, certificate, or rider is prohibited 
33.27 	from conditioning eligibility for noninstitutional benefits on the prior or continuing receipt 
33.28 	of skilled care services.
33.29 	(d) The commissioner may adopt administrative rules that establish loss ratio standards 
33.30 	for limited long-term care insurance policies if a specific reference to limited long-term 
33.31 	care insurance policies is contained in the administrative rule.
33.32 	(e) A limited long-term care insurance applicant has the right to: (1) return the policy, 
33.33 	certificate, or rider to the company or the company's agent or insurance producer within 30 
33.34 	days of the date the policy, certificate, or rider is received; and (2) have the premium refunded 
34.1 	if, after examination of the policy, certificate, or rider, the applicant is not satisfied with the 
34.2 	policy, certificate, or rider for any reason.
34.3 	(f) A limited long-term care insurance policy, certificate, or rider must have a notice 
34.4 	prominently printed on the first page or attached to the policy, certificate, or rider that 
34.5 	includes specific instructions for a limited long-term care insurance applicant to return a 
34.6 	policy, certificate, or rider under paragraph (e). The following statement or a substantially 
34.7 	similar statement must be included with the instructions:
34.8 	"You have 30 days from the date you receive this policy, certificate, or rider to review 
34.9 	and return it to the company if you decide not to keep it. You do not have to tell the company 
34.10 	why you are returning it. If you decide to not keep the policy, certificate, or rider, simply 
34.11 	return it to the company at the company's administrative office, or you may return it to the 
34.12 	agent or insurance producer that you bought it from. You must return the policy, certificate, 
34.13 	or rider within 30 days of the date you first received it. The company must refund the full 
34.14 	amount of any premium paid within 30 days of the date the company receives the returned 
34.15 	policy, certificate, or rider. The premium refund is sent directly to the person who paid it. 
34.16 	A returned policy, certificate, or rider is void, as if it never was issued."
34.17 	This paragraph does not apply to certificates issued pursuant to a policy issued to a group 
34.18 	defined in subdivision 2, paragraph (f), clause (1).
34.19 	(g) A coverage outline must be delivered to a prospective applicant for limited long-term 
34.20 	care insurance at the time an initial solicitation is made, using a means that prominently 
34.21 	directs the recipient's attention to the coverage outline and the coverage outline's purpose. 
34.22 	The commissioner must prescribe: (1) a standard format, including style, arrangement, and 
34.23 	overall appearance; and (2) the content that must be contained on a coverage outline. With 
34.24 	respect to an agent solicitation, the agent must deliver the coverage outline before presenting 
34.25 	an application or enrollment form. With respect to a direct response solicitation, the coverage 
34.26 	outline must be provided in conjunction with an application or enrollment form. Delivery 
34.27 	of a coverage outline is not required for a policy issued to a group defined in subdivision 
34.28 	2, paragraph (f), clause (1), if the information described in paragraph (h) is contained in 
34.29 	other materials relating to enrollment. A copy of the other materials must be made available 
34.30 	to the commissioner upon request.
34.31 	(h) The coverage outline provided under paragraph (g) must include:
34.32 	(1) a description of the principal benefits and coverage provided in the policy;
34.33 	(2) a description of the eligibility triggers for benefits and how the eligibility triggers 
34.34 	are met;
35.1 	(3) a statement identifying the principal exclusions, reductions, and limitations contained 
35.2 	in the policy;
35.3 	(4) a statement describing the terms under which the policy, certificate, or both may be 
35.4 	continued in force or discontinued, including any reservation in the policy of a right to 
35.5 	change premium. A continuation or conversion provision for group coverage must be 
35.6 	specifically described;
35.7 	(5) a statement indicating that coverage outline is a summary only and not an insurance 
35.8 	contract, and that the policy or group master policy contains the governing contractual 
35.9 	provisions;
35.10 	(6) a description of the terms under which the policy or certificate may be returned and 
35.11 	premium refunded;
35.12 	(7) a brief description of the relationship between cost of care and benefits; and
35.13 	(8) a statement that discloses to the policyholder or certificate holder that the policy is 
35.14 	not long-term care insurance.
35.15 	(i) A certificate issued pursuant to a group limited long-term care insurance policy that 
35.16 	is delivered or issued for delivery in Minnesota must include:
35.17 	(1) a description of the principal benefits and coverage provided in the policy;
35.18 	(2) a statement identifying the principal exclusions, reductions, and limitations contained 
35.19 	in the policy; and
35.20 	(3) a statement indicating that the group master policy determines governing contractual 
35.21 	provisions.
35.22 	(j) If an application for a limited long-term care insurance contract or certificate is 
35.23 	approved, the issuer must deliver the contract or certificate of insurance to the applicant no 
35.24 	later than 30 days after the date the application is approved.
35.25 	(k) If a claim under a limited long-term care insurance contract is denied, the issuer 
35.26 	must, within 60 days of the date the policyholder, certificate holder, or a representative of 
35.27 	the policyholder or certificate holder submits a written request:
35.28 	(1) provide a written explanation detailing the reasons for the denial; and
35.29 	(2) make available all information directly related to the denial.
35.30 	(l) A disclosure, statement, or written information and explanation required in this section, 
35.31 	whether in print or electronic form, must accommodate the communication needs of 
36.1 	individuals with disabilities and persons with limited English proficiency, as required by 
36.2 	law.
36.3 		Subd. 6.Incontestability period. (a) An insurer may (1) rescind a limited long-term 
36.4 	care insurance policy or certificate, or (2) deny an otherwise valid limited long-term care 
36.5 	insurance claim, for a policy or certificate that has been in force for less than six months 
36.6 	upon a showing of misrepresentation that is material to the coverage acceptance.
36.7 	(b) An insurer may (1) rescind a limited long-term care insurance policy or certificate, 
36.8 	or (2) deny an otherwise valid limited long-term care insurance claim, for a policy or 
36.9 	certificate that has been in force for at least six months but less than two years upon a 
36.10 	showing of misrepresentation that is both material to the coverage acceptance and that 
36.11 	pertains to the condition for which benefits are sought.
36.12 	(c) A policy or certificate that has been in force for two years is not contestable upon 
36.13 	the grounds of misrepresentation alone. A policy or certificate that has been in force for 
36.14 	two years may be contested only upon a showing that the insured knowingly and intentionally 
36.15 	misrepresented relevant facts relating to the insured individual's health.
36.16 	(d) A limited long-term care insurance policy or certificate may be field issued if 
36.17 	compensation to the field issuer is not based on the number of policies or certificates issued. 
36.18 	For purposes of this paragraph, "field issued" means a policy or certificate issued by a 
36.19 	producer or a third-party administrator (1) pursuant to the underwriting authority granted 
36.20 	to the producer or third-party administrator by an insurer, and (2) using the insurer's 
36.21 	underwriting guidelines.
36.22 	(e) If an insurer paid benefits under the limited long-term care insurance policy or 
36.23 	certificate, the benefit payments are not recoverable by the insurer if the policy or certificate 
36.24 	is rescinded.
36.25 		Subd. 7.Nonforfeiture benefits. (a) A limited long-term care insurance policy may 
36.26 	offer the option to purchase a policy or certificate that includes a nonforfeiture benefit. A 
36.27 	nonforfeiture benefit may be offered in the form of a rider that is attached to the policy. If 
36.28 	the policyholder or certificate holder does not purchase the nonforfeiture benefit, the insurer 
36.29 	must provide a contingent benefit upon lapse that must be available for a specified period 
36.30 	of time after a substantial increase in premium rates, as determined by the commissioner 
36.31 	under paragraph (c).
36.32 	(b) When a group limited long-term care insurance policy is issued, a nonforfeiture 
36.33 	benefit offer must be made to the group policyholder. If the policy is issued as group limited 
36.34 	long-term care insurance, as defined in subdivision 2, paragraph (f), clause (4), to an entity 
37.1 	other than a continuing care retirement community or other similar entity, a nonforfeiture 
37.2 	benefit offer must be made to each proposed certificate holder.
37.3 	(c) The commissioner must adopt administrative rules that specify: (1) the type or types 
37.4 	of nonforfeiture benefits that must be offered as part of limited long-term care insurance 
37.5 	policies and certificates; (2) the standards for nonforfeiture benefits; and (3) requirements 
37.6 	regarding contingent benefit upon lapse, including determining the specified period of time 
37.7 	during which a contingent benefit upon lapse is available and the substantial premium rate 
37.8 	increase that triggers a contingent benefit upon lapse, as described in paragraph (a).
37.9 		Subd. 8.Administrative rulemaking. (a) The commissioner must adopt reasonable 
37.10 	administrative rules to: (1) promote premium adequacy; (2) protect a policyholder in the 
37.11 	event of a substantial rate increase; and (3) establish minimum standards for producer 
37.12 	education, marketing practices, producer compensation, producer testing, independent 
37.13 	review of benefit determinations, penalties, and reporting practices for limited long-term 
37.14 	care insurance.
37.15 	(b) Administrative rules adopted under this section are subject to chapter 14.
37.16 		Subd. 9.Severability. If any provision of this section or the application of the provision 
37.17 	to any person or circumstance is held invalid for any reason, the remainder of the section 
37.18 	and the application of the invalid provision to other persons or circumstances is not affected.
37.19 		Subd. 10.Penalties. In addition to any other penalties provided by the laws of Minnesota, 
37.20 	an insurer or producer that violates any requirement under this section or other law relating 
37.21 	to the regulation of limited long-term care insurance or the marketing of limited long-term 
37.22 	care insurance is subject to a fine of up to three times the amount of commissions paid for 
37.23 	each policy involved in the violation or up to $10,000, whichever is greater.

37.24 	EFFECTIVE DATE. This section is effective January 1, 2026.

37.25 	ARTICLE 4
37.26 	MEDICARE SUPPLEMENT INSURANCE

37.27 	Section 1. Minnesota Statutes 2024, section 62A.31, subdivision 1, is amended to read:
37.28 		Subdivision 1.Policy requirements. No individual or group policy, certificate, subscriber 
37.29 	contract issued by a health service plan corporation regulated under chapter 62C, or other 
37.30 	evidence of accident and health insurance the effect or purpose of which is to supplement 
37.31 	Medicare coverage, including to supplement coverage under Medicare Advantage plans 
37.32 	established under Medicare Part C, issued or delivered in this state or offered to a resident 
38.1 	of this state shall be sold or issued to an individual covered by Medicare unless the 
38.2 	requirements in subdivisions 1a to 1w 1v are met.

38.3 	Sec. 2. Minnesota Statutes 2024, section 62A.31, subdivision 1f, is amended to read:
38.4 		Subd. 1f.Suspension based on entitlement to medical assistance. (a) The policy or 
38.5 	certificate must provide that benefits and premiums under the policy or certificate shall be 
38.6 	suspended for any period that may be provided by federal regulation at the request of the 
38.7 	policyholder or certificate holder for the period, not to exceed 24 months, in which the 
38.8 	policyholder or certificate holder has applied for and is determined to be entitled to medical 
38.9 	assistance under title XIX of the Social Security Act, but only if the policyholder or certificate 
38.10 	holder notifies the issuer of the policy or certificate within 90 days after the date the 
38.11 	individual becomes entitled to this assistance.
38.12 	(b) If suspension occurs and if the policyholder or certificate holder loses entitlement 
38.13 	to this medical assistance, the policy or certificate shall be automatically reinstated, effective 
38.14 	as of the date of termination of this entitlement, if the policyholder or certificate holder 
38.15 	provides notice of loss of the entitlement within 90 days after the date of the loss and pays 
38.16 	the premium attributable to the period, effective as of the date of termination of entitlement.
38.17 	(c) The policy must provide that upon reinstatement (1) there is no additional waiting 
38.18 	period with respect to treatment of preexisting conditions, (2) coverage is provided which 
38.19 	is substantially equivalent to coverage in effect before the date of the suspension. If the 
38.20 	suspended policy provided coverage for outpatient prescription drugs, reinstitution of the 
38.21 	policy for Medicare Part D enrollees must be without coverage for outpatient prescription 
38.22 	drugs and must otherwise provide coverage substantially equivalent to the coverage in effect 
38.23 	before the date of suspension, and (3) premiums are classified on terms that are at least as 
38.24 	favorable to the policyholder or certificate holder as the premium classification terms that 
38.25 	would have applied to the policyholder or certificate holder had coverage not been suspended.

38.26 	Sec. 3. Minnesota Statutes 2024, section 62A.31, subdivision 1h, is amended to read:
38.27 		Subd. 1h.Limitations on denials, conditions, and pricing of coverage. No health 
38.28 	carrier issuing Medicare-related coverage in this state may impose preexisting condition 
38.29 	limitations or otherwise deny or condition the issuance or effectiveness of any such coverage 
38.30 	available for sale in this state, nor may it discriminate in the pricing of such coverage, 
38.31 	because of the health status, claims experience, receipt of health care, medical condition, 
38.32 	or age of an applicant where an application for such coverage is submitted: (1) prior to or 
38.33 	during the six-month period beginning with the first day of the month in which an individual 
39.1 	first enrolled for benefits under Medicare Part B; or (2) during the open enrollment period. 
39.2 	This subdivision applies to each Medicare-related coverage offered by a health carrier 
39.3 	regardless of whether the individual has attained the age of 65 years. If an individual who 
39.4 	is enrolled in Medicare Part B due to disability status is involuntarily disenrolled due to loss 
39.5 	of disability status, the individual is eligible for another six-month enrollment period provided 
39.6 	under this subdivision beginning the first day of the month in which the individual later 
39.7 	becomes eligible for and enrolls again in Medicare Part B and during the open enrollment 
39.8 	period. An individual who is or was previously enrolled in Medicare Part B due to disability 
39.9 	status is eligible for another six-month enrollment period under this subdivision beginning 
39.10 	the first day of the month in which the individual has attained the age of 65 years and either 
39.11 	maintains enrollment in, or enrolls again in, Medicare Part B and during the open enrollment 
39.12 	period. If an individual enrolled in Medicare Part B voluntarily disenrolls from Medicare 
39.13 	Part B because the individual becomes enrolled under an employee welfare benefit plan, 
39.14 	the individual is eligible for another six-month enrollment period, as provided in this 
39.15 	subdivision, beginning the first day of the month in which the individual later becomes 
39.16 	eligible for and enrolls again in Medicare Part B and during the open enrollment period.

39.17 	Sec. 4. Minnesota Statutes 2024, section 62A.31, subdivision 1p, is amended to read:
39.18 		Subd. 1p.Renewal or continuation provisions. Medicare supplement policies and 
39.19 	certificates shall include a renewal or continuation provision. The language or specifications 
39.20 	of the provision shall be consistent with the type of contract issued. The provision shall be 
39.21 	appropriately captioned and shall appear on the first page of the policy or certificate, and 
39.22 	shall include any reservation by the issuer of the right to change premiums. Except for riders 
39.23 	or endorsements by which the issuer effectuates a request made in writing by the insured, 
39.24 	exercises a specifically reserved right under a Medicare supplement policy or certificate, 
39.25 	or is required to reduce or eliminate benefits to avoid duplication of Medicare benefits, all 
39.26 	riders or endorsements added to a Medicare supplement policy or certificate after the date 
39.27 	of issue or at reinstatement or renewal that reduce or eliminate benefits or coverage in the 
39.28 	policy or certificate shall require a signed acceptance by the insured. After the date of policy 
39.29 	or certificate issue, a rider or endorsement that increases benefits or coverage with a 
39.30 	concomitant increase in premium during the policy or certificate term shall be agreed to in 
39.31 	writing and signed by the insured, unless the benefits are required by the minimum standards 
39.32 	for Medicare supplement policies or if the increased benefits or coverage is required by 
39.33 	law. Where a separate additional premium is charged for benefits provided in connection 
39.34 	with riders or endorsements, the premium charge shall be set forth in the policy, declaration 
39.35 	page, or certificate. If a Medicare supplement policy or certificate contains limitations with 
40.1 	respect to preexisting conditions, the limitations shall appear as a separate paragraph of the 
40.2 	policy or certificate and be labeled as "preexisting condition limitations."
40.3 	Issuers of accident and sickness policies or certificates that provide hospital or medical 
40.4 	expense coverage on an expense incurred or indemnity basis to persons eligible for Medicare 
40.5 	shall provide to those applicants a "Guide to Health Insurance for People with Medicare" 
40.6 	in the form developed by the Centers for Medicare and Medicaid Services and in a type 
40.7 	size no smaller than 12-point type. Delivery of the guide must be made whether or not such 
40.8 	policies or certificates are advertised, solicited, or issued as Medicare supplement policies 
40.9 	or certificates as defined in this section and section 62A.3099. Except in the case of direct 
40.10 	response issuers, delivery of the guide must be made to the applicant at the time of 
40.11 	application, and acknowledgment of receipt of the guide must be obtained by the issuer. 
40.12 	Direct response issuers shall deliver the guide to the applicant upon request, but no later 
40.13 	than the time at which the policy is delivered.

40.14 	Sec. 5. Minnesota Statutes 2024, section 62A.31, subdivision 1u, is amended to read:
40.15 		Subd. 1u.Guaranteed issue for eligible persons. (a)(1) Eligible persons are those 
40.16 	individuals described in paragraph (b) who seek to enroll under the policy during the period 
40.17 	specified in paragraph (c) and who submit evidence of the date of termination or 
40.18 	disenrollment described in paragraph (b), or of the date of Medicare Part D enrollment, with 
40.19 	the application for a Medicare supplement policy.
40.20 	(2) With respect to eligible persons, an issuer shall not: deny or condition the issuance 
40.21 	or effectiveness of a Medicare supplement policy described in paragraph (c) that is offered 
40.22 	and is available for issuance to new enrollees by the issuer; discriminate in the pricing of 
40.23 	such a Medicare supplement policy because of health status, claims experience, receipt of 
40.24 	health care, medical condition, or age; or impose an exclusion of benefits based upon a 
40.25 	preexisting condition under such a Medicare supplement policy.
40.26 	(b) An eligible person is an individual described in any of the following:
40.27 	(1) the individual is enrolled under an employee welfare benefit plan that provides health 
40.28 	benefits that supplement the benefits under Medicare; and the plan terminates, or the plan 
40.29 	ceases to provide all such supplemental health benefits to the individual;
40.30 	(2) the individual is enrolled with a Medicare Advantage organization under a Medicare 
40.31 	Advantage plan under Medicare Part C, and any of the following circumstances apply, or 
40.32 	the individual is 65 years of age or older and is enrolled with a Program of All-Inclusive 
40.33 	Care for the Elderly (PACE) provider under section 1894 of the federal Social Security Act, 
41.1 	and there are circumstances similar to those described in this clause that would permit 
41.2 	discontinuance of the individual's enrollment with the provider if the individual were enrolled 
41.3 	in a Medicare Advantage plan:
41.4 	(i) the organization's or plan's certification under Medicare Part C has been terminated 
41.5 	or the organization has terminated or otherwise discontinued providing the plan in the area 
41.6 	in which the individual resides;
41.7 	(ii) the individual is no longer eligible to elect the plan because of a change in the 
41.8 	individual's place of residence or other change in circumstances specified by the secretary, 
41.9 	but not including termination of the individual's enrollment on the basis described in section 
41.10 	1851(g)(3)(B) of the federal Social Security Act, United States Code, title 42, section 
41.11 	1395w-21(g)(3)(b) (where the individual has not paid premiums on a timely basis or has 
41.12 	engaged in disruptive behavior as specified in standards under section 1856 of the federal 
41.13 	Social Security Act, United States Code, title 42, section 1395w-26), or the plan is terminated 
41.14 	for all individuals within a residence area;
41.15 	(iii) the individual demonstrates, in accordance with guidelines established by the 
41.16 	Secretary, that:
41.17 	(A) the organization offering the plan substantially violated a material provision of the 
41.18 	organization's contract in relation to the individual, including the failure to provide an 
41.19 	enrollee on a timely basis medically necessary care for which benefits are available under 
41.20 	the plan or the failure to provide such covered care in accordance with applicable quality 
41.21 	standards; or
41.22 	(B) the organization, or agent or other entity acting on the organization's behalf, materially 
41.23 	misrepresented the plan's provisions in marketing the plan to the individual; or
41.24 	(iv) the individual meets such other exceptional conditions as the secretary may provide;
41.25 	(3)(i) the individual is enrolled with:
41.26 	(A) an eligible organization under a contract under section 1876 of the federal Social 
41.27 	Security Act, United States Code, title 42, section 1395mm (Medicare cost);
41.28 	(B) a similar organization operating under demonstration project authority, effective for 
41.29 	periods before April 1, 1999;
41.30 	(C) an organization under an agreement under section 1833(a)(1)(A) of the federal Social 
41.31 	Security Act, United States Code, title 42, section 1395l(a)(1)(A) (health care prepayment 
41.32 	plan); or
42.1 	(D) an organization under a Medicare Select policy under section 62A.318 or the similar 
42.2 	law of another state; and
42.3 	(ii) the enrollment ceases under the same circumstances that would permit discontinuance 
42.4 	of an individual's election of coverage under clause (2);
42.5 	(4) the individual is enrolled under a Medicare supplement policy, and the enrollment 
42.6 	ceases because:
42.7 	(i)(A) of the insolvency of the issuer or bankruptcy of the nonissuer organization; or
42.8 	(B) of other involuntary termination of coverage or enrollment under the policy;
42.9 	(ii) the issuer of the policy substantially violated a material provision of the policy; or
42.10 	(iii) the issuer, or an agent or other entity acting on the issuer's behalf, materially 
42.11 	misrepresented the policy's provisions in marketing the policy to the individual;
42.12 	(5)(i) the individual was enrolled under a Medicare supplement policy and terminates 
42.13 	that enrollment and subsequently enrolls, for the first time, with any Medicare Advantage 
42.14 	organization under a Medicare Advantage plan under Medicare Part C; any eligible 
42.15 	organization under a contract under section 1876 of the federal Social Security Act, United 
42.16 	States Code, title 42, section 1395mm (Medicare cost); any similar organization operating 
42.17 	under demonstration project authority; any PACE provider under section 1894 of the federal 
42.18 	Social Security Act, or a Medicare Select policy under section 62A.318 or the similar law 
42.19 	of another state; and
42.20 	(ii) the subsequent enrollment under item (i) is terminated by the enrollee during any 
42.21 	period within the first 12 months of the subsequent enrollment during which the enrollee 
42.22 	is permitted to terminate the subsequent enrollment under section 1851(e) of the federal 
42.23 	Social Security Act;
42.24 	(6) the individual, upon first enrolling for benefits under Medicare Part B, enrolls in a 
42.25 	Medicare Advantage plan under Medicare Part C, or with a PACE provider under section 
42.26 	1894 of the federal Social Security Act, and disenrolls from the plan by not later than 12 
42.27 	months after the effective date of enrollment;
42.28 	(7) the individual enrolls in a Medicare Part D plan during the initial Part D enrollment 
42.29 	period, as defined under United States Code, title 42, section 1395ss(v)(6)(D), and, at the 
42.30 	time of enrollment in Part D, was enrolled under a Medicare supplement policy that covers 
42.31 	outpatient prescription drugs and the individual terminates enrollment in the Medicare 
42.32 	supplement policy and submits evidence of enrollment in Medicare Part D along with the 
42.33 	application for a policy described in paragraph (e), clause (4); or
43.1 	(8) the individual was enrolled in a state public program and is losing coverage due to 
43.2 	the unwinding of the Medicaid continuous enrollment conditions, as provided by Code of 
43.3 	Federal Regulations, title 45, section 155.420 (d)(9) and (d)(1), and Public Law 117-328, 
43.4 	section 5131 (2022).
43.5 	(c)(1) In the case of an individual described in paragraph (b), clause (1), the guaranteed 
43.6 	issue period begins on the later of: (i) the date the individual receives a notice of termination 
43.7 	or cessation of all supplemental health benefits or, if a notice is not received, notice that a 
43.8 	claim has been denied because of a termination or cessation; or (ii) the date that the applicable 
43.9 	coverage terminates or ceases; and ends 63 days after the later of those two dates.
43.10 	(2) In the case of an individual described in paragraph (b), clause (2), (3), (5), or (6), 
43.11 	whose enrollment is terminated involuntarily, the guaranteed issue period begins on the 
43.12 	date that the individual receives a notice of termination and ends 63 days after the date the 
43.13 	applicable coverage is terminated.
43.14 	(3) In the case of an individual described in paragraph (b), clause (4), item (i), the 
43.15 	guaranteed issue period begins on the earlier of: (i) the date that the individual receives a 
43.16 	notice of termination, a notice of the issuer's bankruptcy or insolvency, or other such similar 
43.17 	notice if any; and (ii) the date that the applicable coverage is terminated, and ends on the 
43.18 	date that is 63 days after the date the coverage is terminated.
43.19 	(4) In the case of an individual described in paragraph (b), clause (2), (4), (5), or (6), 
43.20 	who disenrolls voluntarily, the guaranteed issue period begins on the date that is 60 days 
43.21 	before the effective date of the disenrollment and ends on the date that is 63 days after the 
43.22 	effective date.
43.23 	(5) In the case of an individual described in paragraph (b), clause (7), the guaranteed 
43.24 	issue period begins on the date the individual receives notice pursuant to section 
43.25 	1882(v)(2)(B) of the Social Security Act from the Medicare supplement issuer during the 
43.26 	60-day period immediately preceding the initial Part D enrollment period and ends on the 
43.27 	date that is 63 days after the effective date of the individual's coverage under Medicare Part 
43.28 	D.
43.29 	(6) In the case of an individual described in paragraph (b) but not described in this 
43.30 	paragraph, the guaranteed issue period begins on the effective date of disenrollment and 
43.31 	ends on the date that is 63 days after the effective date.
43.32 	(7) For all individuals described in paragraph (b), the open enrollment period is a 
43.33 	guaranteed issue period.
44.1 	(d)(1) In the case of an individual described in paragraph (b), clause (5), or deemed to 
44.2 	be so described, pursuant to this paragraph, whose enrollment with an organization or 
44.3 	provider described in paragraph (b), clause (5), item (i), is involuntarily terminated within 
44.4 	the first 12 months of enrollment, and who, without an intervening enrollment, enrolls with 
44.5 	another such organization or provider, the subsequent enrollment is deemed to be an initial 
44.6 	enrollment described in paragraph (b), clause (5).
44.7 	(2) In the case of an individual described in paragraph (b), clause (6), or deemed to be 
44.8 	so described, pursuant to this paragraph, whose enrollment with a plan or in a program 
44.9 	described in paragraph (b), clause (6), is involuntarily terminated within the first 12 months 
44.10 	of enrollment, and who, without an intervening enrollment, enrolls in another such plan or 
44.11 	program, the subsequent enrollment is deemed to be an initial enrollment described in 
44.12 	paragraph (b), clause (6).
44.13 	(3) For purposes of paragraph (b), clauses (5) and (6), no enrollment of an individual 
44.14 	with an organization or provider described in paragraph (b), clause (5), item (i), or with a 
44.15 	plan or in a program described in paragraph (b), clause (6), may be deemed to be an initial 
44.16 	enrollment under this paragraph after the two-year period beginning on the date on which 
44.17 	the individual first enrolled with the organization, provider, plan, or program.
44.18 	(e) The Medicare supplement policy to which eligible persons are entitled under:
44.19 	(1) paragraph (b), clauses (1) to (4), is any Medicare supplement policy that has a benefit 
44.20 	package consisting of the basic Medicare supplement plan described in section 62A.316, 
44.21 	paragraph (a), plus any combination of the three optional riders described in section 62A.316, 
44.22 	paragraph (b), clauses (1) to (3), offered by any issuer;
44.23 	(2) paragraph (b), clause (5), is the same Medicare supplement policy in which the 
44.24 	individual was most recently previously enrolled, if available from the same issuer, or, if 
44.25 	not so available, any policy described in clause (1) offered by any issuer, except that after 
44.26 	December 31, 2005, if the individual was most recently enrolled in a Medicare supplement 
44.27 	policy with an outpatient prescription drug benefit, a Medicare supplement policy to which 
44.28 	the individual is entitled under paragraph (b), clause (5), is:
44.29 	(i) the policy available from the same issuer but modified to remove outpatient 
44.30 	prescription drug coverage; or
44.31 	(ii) at the election of the policyholder, a policy described in clause (4), except that the 
44.32 	policy may be one that is offered and available for issuance to new enrollees that is offered 
44.33 	by any issuer;
45.1 	(3) paragraph (b), clause (6), is any Medicare supplement policy offered by any issuer;
45.2 	(4) paragraph (b), clause (7), is a Medicare supplement policy that has a benefit package 
45.3 	classified as a basic plan under section 62A.316 if the enrollee's existing Medicare 
45.4 	supplement policy is a basic plan or, if the enrollee's existing Medicare supplement policy 
45.5 	is an extended basic plan under section 62A.315, a basic or extended basic plan at the option 
45.6 	of the enrollee, provided that the policy is offered and is available for issuance to new 
45.7 	enrollees by the same issuer that issued the individual's Medicare supplement policy with 
45.8 	outpatient prescription drug coverage. The issuer must permit the enrollee to retain all 
45.9 	optional benefits contained in the enrollee's existing coverage, other than outpatient 
45.10 	prescription drugs, subject to the provision that the coverage be offered and available for 
45.11 	issuance to new enrollees by the same issuer.
45.12 	(f)(1) At the time of an event described in paragraph (b), because of which an individual 
45.13 	loses coverage or benefits due to the termination of a contract or agreement, policy, or plan, 
45.14 	the organization that terminates the contract or agreement, the issuer terminating the policy, 
45.15 	or the administrator of the plan being terminated, respectively, shall notify the individual 
45.16 	of the individual's rights under this subdivision, and of the obligations of issuers of Medicare 
45.17 	supplement policies under paragraph (a). The notice must be communicated 
45.18 	contemporaneously with the notification of termination.
45.19 	(2) At the time of an event described in paragraph (b), because of which an individual 
45.20 	ceases enrollment under a contract or agreement, policy, or plan, the organization that offers 
45.21 	the contract or agreement, regardless of the basis for the cessation of enrollment, the issuer 
45.22 	offering the policy, or the administrator of the plan, respectively, shall notify the individual 
45.23 	of the individual's rights under this subdivision, and of the obligations of issuers of Medicare 
45.24 	supplement policies under paragraph (a). The notice must be communicated within ten 
45.25 	working days of the issuer receiving notification of disenrollment.
45.26 	(g) Reference in this subdivision to a situation in which, or to a basis upon which, an 
45.27 	individual's coverage has been terminated does not provide authority under the laws of this 
45.28 	state for the termination in that situation or upon that basis.
45.29 	(h) An individual's rights under this subdivision are in addition to, and do not modify 
45.30 	or limit, the individual's rights under subdivision 1h.

45.31 	Sec. 6. Minnesota Statutes 2024, section 62A.31, subdivision 4, is amended to read:
45.32 		Subd. 4.Prohibited policy provisions. (a) A Medicare supplement policy or certificate 
45.33 	in force in the state shall not contain benefits that duplicate benefits provided by Medicare 
46.1 	or contain exclusions on coverage that are more restrictive than those of Medicare. 
46.2 	Duplication of benefits is permitted to the extent permitted under subdivision 1s, paragraph 
46.3 	(a), for benefits provided by Medicare Part D.
46.4 	(b) No Medicare supplement policy or certificate may use waivers to exclude, limit, or 
46.5 	reduce coverage or benefits for specifically named or described preexisting diseases or 
46.6 	physical conditions, except as permitted under subdivision 1b.

46.7 	Sec. 7. Minnesota Statutes 2024, section 62A.44, subdivision 2, is amended to read:
46.8 		Subd. 2.Questions. (a) Application forms shall include the following questions designed 
46.9 	to elicit information as to whether, as of the date of the application, the applicant has another 
46.10 	Medicare supplement or other health insurance policy or certificate in force or whether a 
46.11 	Medicare supplement policy or certificate is intended to replace any other accident and 
46.12 	sickness policy or certificate presently in force. A supplementary application or other form 
46.13 	to be signed by the applicant and agent containing the questions and statements may be 
46.14 	used.
46.15 	"(1) You do not need more than one Medicare supplement policy or certificate.
46.16 	(2) If you purchase this policy, you may want to evaluate your existing health coverage 
46.17 	and decide if you need multiple coverages.
46.18 	(3) You may be eligible for benefits under Medicaid and may not need a Medicare 
46.19 	supplement policy or certificate.
46.20 	(4) The benefits and premiums under your Medicare supplement policy or certificate 
46.21 	can be suspended, if requested, during your entitlement to benefits under Medicaid for 
46.22 	24 months. You must request this suspension within 90 days of becoming eligible for 
46.23 	Medicaid. If you are no longer entitled to Medicaid, your policy or certificate will be 
46.24 	reinstated if requested within 90 days of losing Medicaid eligibility.
46.25 	(5) Counseling services may be available in Minnesota to provide advice concerning 
46.26 	medical assistance through state Medicaid, Qualified Medicare Beneficiaries (QMBs), 
46.27 	and Specified Low-Income Medicare Beneficiaries (SLMBs).
46.28 	To the best of your knowledge:
46.29 	(1) Do you have another Medicare supplement policy or certificate in force?
46.30 	(a) If so, with which company?
46.31 	(b) If so, do you intend to replace your current Medicare supplement policy with this 
46.32 	policy or certificate?
47.1 	(2) Do you have any other health insurance policies that provide benefits which this 
47.2 	Medicare supplement policy or certificate would duplicate?
47.3 	(a) If so, please name the company.
47.4 	(b) What kind of policy?
47.5 	(3) Are you covered for medical assistance through the state Medicaid program? If so, 
47.6 	which of the following programs provides coverage for you?
47.7 	(a) Specified Low-Income Medicare Beneficiary (SLMB),
47.8 	(b) Qualified Medicare Beneficiary (QMB), or
47.9 	(c) full Medicaid Beneficiary?"
47.10 	(b) Agents shall list any other health insurance policies they have sold to the applicant.
47.11 	(1) List policies sold that are still in force.
47.12 	(2) List policies sold in the past five years that are no longer in force.
47.13 	(c) In the case of a direct response issuer, a copy of the application or supplemental 
47.14 	form, signed by the applicant, and acknowledged by the insurer, shall be returned to the 
47.15 	applicant by the insurer on delivery of the policy or certificate.
47.16 	(d) Upon determining that a sale will involve replacement of Medicare supplement 
47.17 	coverage, any issuer, other than a direct response issuer, or its agent, shall furnish the 
47.18 	applicant, before issuance or delivery of the Medicare supplement policy or certificate, a 
47.19 	notice regarding replacement of Medicare supplement coverage. One copy of the notice 
47.20 	signed by the applicant and the agent, except where the coverage is sold without an agent, 
47.21 	shall be provided to the applicant and an additional signed copy shall be retained by the 
47.22 	issuer. A direct response issuer shall deliver to the applicant at the time of the issuance of 
47.23 	the policy or certificate the notice regarding replacement of Medicare supplement coverage.
47.24 	(e) The notice required by paragraph (d) for an issuer shall be provided in substantially 
47.25 	the following form in no less than 12-point type:
47.26 	"NOTICE TO APPLICANT REGARDING REPLACEMENT
47.27 	OF MEDICARE SUPPLEMENT INSURANCE
47.28 	(Insurance company's name and address)
47.29 	SAVE THIS NOTICE! IT MAY BE IMPORTANT TO YOU IN THE FUTURE.
47.30 	According to (your application) (information you have furnished), you intend to terminate 
47.31 	existing Medicare supplement insurance and replace it with a policy or certificate to be 
48.1 	issued by (Company Name) Insurance Company. Your new policy or certificate will provide 
48.2 	30 days within which you may decide without cost whether you desire to keep the policy 
48.3 	or certificate.
48.4 	You should review this new coverage carefully. Compare it with all accident and sickness 
48.5 	coverage you now have. If, after due consideration, you find that purchase of this Medicare 
48.6 	supplement coverage is a wise decision you should terminate your present Medicare 
48.7 	supplement policy. You should evaluate the need for other accident and sickness coverage 
48.8 	you have that may duplicate this policy.
48.9 	STATEMENT TO APPLICANT BY ISSUER, AGENT, (BROKER OR OTHER 
48.10 	REPRESENTATIVE): I have reviewed your current medical or health insurance 
48.11 	coverage. To the best of my knowledge this Medicare supplement policy will not duplicate 
48.12 	your existing Medicare supplement policy because you intend to terminate the existing 
48.13 	Medicare supplement policy. The replacement policy or certificate is being purchased 
48.14 	for the following reason(s) (check one):

48.15		........
	Additional benefits
	
48.16		........
	No change in benefits, but lower premiums
	
48.17		........
	Fewer benefits and lower premiums
	
48.18		........
	Other (please specify)
	
48.19		........
	
48.20		........
	
48.21		........
	
48.22 	(1) Health conditions which you may presently have (preexisting conditions) may not 
48.23 	be immediately or fully covered under the new policy or certificate. This could result 
48.24 	in denial or delay of a claim for benefits under the new policy or certificate, whereas a 
48.25 	similar claim might have been payable under your present policy or certificate.
48.26 	(2) State law provides that your replacement policy or certificate may not contain new 
48.27 	preexisting conditions, waiting periods, elimination periods, or probationary periods. 
48.28 	The insurer will waive any time periods applicable to preexisting conditions, waiting 
48.29 	periods, elimination periods, or probationary periods in the new policy (or coverage) 
48.30 	for similar benefits to the extent the time was spent (depleted) under the original policy 
48.31 	or certificate.
48.32 	(3) If you still wish to terminate your present policy or certificate and replace it with 
48.33 	new coverage, be certain to truthfully and completely answer all questions on the 
48.34 	application concerning your medical and health history. Failure to include all material 
49.1 	medical information on an application may provide a basis for the company to deny any 
49.2 	future claims and to refund your premium as though your policy or certificate had never 
49.3 	been in force. After the application has been completed and before you sign it, review 
49.4 	it carefully to be certain that all information has been properly recorded. (If the policy 
49.5 	or certificate is guaranteed issue, this paragraph need not appear.)
49.6 	Do not cancel your present policy or certificate until you have received your new policy 
49.7 	or certificate and you are sure that you want to keep it.

49.8		........
		
49.9		(Signature of Agent, Broker, or Other Representative)*
		
49.10		........
		
49.11		(Typed Name and Address of Issuer, Agent, or Broker)
		
49.12		........
		
49.13		(Date)
		
49.14		........
		
49.15		(Applicant's Signature)
		
49.16		........
		
49.17		(Date)
		
49.18 	*Signature not required for direct response sales."
49.19 	(f) Paragraph (e), clauses (1) and (2), of the replacement notice (applicable to preexisting 
49.20 	conditions) may be deleted by an issuer if the replacement does not involve application of 
49.21 	a new preexisting condition limitation.

49.22 	Sec. 8. REPEALER.
 49.23 	(a) Minnesota Statutes 2024, sections 62A.3099, subdivision 18b; and 62A.31, subdivision 
49.24 	1w, are repealed.
49.25 	(b) Laws 2023, chapter 57, article 2, section 66, is repealed.

49.26 	Sec. 9. EFFECTIVE DATE.
 49.27 	Sections 1 to 8 are effective the day following final enactment.

50.1 	ARTICLE 5
50.2 	INSURANCE HOLDING COMPANY SYSTEMS

50.3 	Section 1. Minnesota Statutes 2024, section 60D.09, is amended by adding a subdivision 
50.4 	to read:
50.5 		Subd. 5.Other violations. If the commissioner believes a person has committed a 
50.6 	violation of section 60D.17 that prevents the full understanding of the enterprise risk to the 
50.7 	insurer by affiliates or by the insurance holding company system, the violation may serve 
50.8 	as an independent basis for disapproving dividends or distributions and for placing the 
50.9 	insurer under an order of supervision under chapter 60B.

50.10 	Sec. 2. Minnesota Statutes 2024, section 60D.15, subdivision 4, is amended to read:
50.11 		Subd. 4.Control. The term "control," including the terms "controlling," "controlled 
50.12 	by," and "under common control with," means the possession, direct or indirect, of the 
50.13 	power to direct or cause the direction of the management and policies of a person, whether 
50.14 	through the ownership of voting securities, by contract other than a commercial contract 
50.15 	for goods or nonmanagement services, or otherwise, unless the power is the result of an 
50.16 	official position with, or corporate office held by, or court appointment of, the person. 
50.17 	Control is presumed to exist if any person, directly or indirectly, owns, controls, holds with 
50.18 	the power to vote, or holds proxies representing, ten percent or more of the voting securities 
50.19 	of any other person. This presumption may be rebutted by a showing made in the manner 
50.20 	provided by section 60D.19, subdivision 11, that control does not exist in fact. The 
50.21 	commissioner may determine, after furnishing all persons in interest notice and opportunity 
50.22 	to be heard and making specific findings of fact to support such the determination, that 
50.23 	control exists in fact, notwithstanding the absence of a presumption to that effect.

50.24 	Sec. 3. Minnesota Statutes 2024, section 60D.15, is amended by adding a subdivision to 
50.25 	read:
50.26 		Subd. 4c.Group capital calculation instructions. "Group capital calculation 
50.27 	instructions" means the group capital calculation instructions adopted by the NAIC and as 
50.28 	amended by the NAIC from time to time in accordance with procedures adopted by the 
50.29 	NAIC.

50.30 	Sec. 4. Minnesota Statutes 2024, section 60D.15, is amended by adding a subdivision to 
50.31 	read:
50.32 		Subd. 6b.NAIC. "NAIC" means the National Association of Insurance Commissioners.

51.1 	Sec. 5. Minnesota Statutes 2024, section 60D.15, is amended by adding a subdivision to 
51.2 	read:
51.3 		Subd. 6c.NAIC liquidity stress test framework. "NAIC liquidity stress test framework" 
51.4 	means an NAIC publication which includes a history of the NAIC's development of 
51.5 	regulatory liquidity stress testing, the scope criteria applicable for a specific data year, and 
51.6 	the liquidity stress test instructions and reporting templates for a specific data year, scope 
51.7 	criteria, instructions, and reporting template being adopted by the NAIC, and as amended 
51.8 	by the NAIC from time to time in accordance with the procedures adopted by the NAIC.

51.9 	Sec. 6. Minnesota Statutes 2024, section 60D.15, subdivision 7, is amended to read:
51.10 		Subd. 7.Person. A "person" is an individual, a corporation, a limited liability company,
51.11 	a partnership, an association, a joint stock company, a trust, an unincorporated organization, 
51.12 	any similar entity or any combination of the foregoing acting in concert, but does not include 
51.13 	any joint venture partnership exclusively engaged in owning, managing, leasing, or 
51.14 	developing real or tangible personal property.

51.15 	Sec. 7. Minnesota Statutes 2024, section 60D.15, is amended by adding a subdivision to 
51.16 	read:
51.17 		Subd. 7a.Scope criteria. "Scope criteria," as detailed in the NAIC liquidity stress test 
51.18 	framework, means the designated exposure bases along with minimum magnitudes of the 
51.19 	designated exposure bases for the specified data year that are used to establish a preliminary 
51.20 	list of insurers considered scoped into the NAIC liquidity stress test framework for that data 
51.21 	year.

51.22 	Sec. 8. Minnesota Statutes 2024, section 60D.16, subdivision 2, is amended to read:
51.23 		Subd. 2.Additional investment authority. In addition to investments in common stock, 
51.24 	preferred stock, debt obligations, and other securities otherwise permitted under this chapter, 
51.25 	a domestic insurer may also:
51.26 	(a) Invest, in common stock, preferred stock, debt obligations, and other securities of 
51.27 	one or more subsidiaries, amounts that do not exceed the lesser of ten percent of the insurer's 
51.28 	assets or 50 percent of the insurer's surplus as regards policyholders, provided that after the 
51.29 	investments, the insurer's surplus as regards policyholders will be is reasonable in relation 
51.30 	to the insurer's outstanding liabilities and adequate to its financial needs. In calculating the 
51.31 	amount of these investments, investments in domestic or foreign insurance subsidiaries and 
51.32 	health maintenance organizations must be excluded, and there must be included:
52.1 	(1) total net money or other consideration expended and obligations assumed in the 
52.2 	acquisition or formation of a subsidiary, including all organizational expenses and 
52.3 	contributions to capital and surplus of the subsidiary whether or not represented by the 
52.4 	purchase of capital stock or issuance of other securities; and
52.5 	(2) all amounts expended in acquiring additional common stock, preferred stock, debt 
52.6 	obligations, and other securities; and all contributions to the capital or surplus, of a subsidiary 
52.7 	subsequent to its acquisition or formation.
52.8 	(b) Invest any amount in common stock, preferred stock, debt obligations, and other 
52.9 	securities of one or more subsidiaries engaged or organized to engage exclusively in the 
52.10 	ownership and management of assets authorized as investments for the insurer provided 
52.11 	that the subsidiary agrees to limit its investments in any asset so that the investments will
52.12 	do not cause the amount of the total investment of the insurer to exceed any of the investment 
52.13 	limitations specified in paragraph (a) or other statutes applicable to the insurer. For the 
52.14 	purpose of this paragraph, "the total investment of the insurer" includes:
52.15 	(1) any direct investment by the insurer in an asset; and
52.16 	(2) the insurer's proportionate share of any investment in an asset by any subsidiary of 
52.17 	the insurer, which must be calculated by multiplying the amount of the subsidiary's 
52.18 	investment by the percentage of the ownership of the subsidiary.
52.19 	(c) With the approval of the commissioner, invest any greater amount in common stock, 
52.20 	preferred stock, debt obligations, or other securities of one or more subsidiaries, if after the 
52.21 	investment the insurer's surplus as regards policyholders will be is reasonable in relation to 
52.22 	the insurer's outstanding liabilities and adequate to its financial needs.

52.23 	Sec. 9. Minnesota Statutes 2024, section 60D.17, subdivision 1, is amended to read:
52.24 		Subdivision 1.Filing requirements. (a) No person other than the issuer shall: (1) make 
52.25 	a tender offer for or a request or invitation for tenders of, or enter into any agreement to 
52.26 	exchange securities or for, seek to acquire, or acquire, in the open market or otherwise, any 
52.27 	voting security of a domestic insurer if, after the consummation thereof, the person would, 
52.28 	directly or indirectly, or by conversion or by exercise of any right to acquire, be in control 
52.29 	of the insurer; or (2) enter into an agreement to merge with or otherwise to acquire control 
52.30 	of a domestic insurer or any person controlling a domestic insurer unless, at the time the 
52.31 	offer, request, or invitation is made or the agreement is entered into, or before the acquisition 
52.32 	of the securities if no offer or agreement is involved, the person has filed with the 
52.33 	commissioner and has sent to the insurer, a statement containing the information required 
53.1 	by this section and the offer, request, invitation, agreement, or acquisition has been approved 
53.2 	by the commissioner in the manner prescribed in this section.
53.3 	(b) For purposes of this section, a controlling person of a domestic insurer seeking to 
53.4 	divest its controlling interest in the domestic insurer, in any manner, shall file with the 
53.5 	commissioner, with a copy to the insurer, confidential notice of its proposed divestiture at 
53.6 	least 30 days before the cessation of control. The commissioner shall determine those 
53.7 	instances in which the party or parties seeking to divest or to acquire a controlling interest 
53.8 	in an insurer will be required to file for and obtain approval of the transaction.
53.9 	(c) With respect to a transaction subject to this section, the acquiring person must also 
53.10 	file a preacquisition notification with the commissioner, which must contain the information 
53.11 	set forth in section 60D.18, subdivision 3, paragraph (b). A failure to file the notification 
53.12 	may be subject to penalties specified in section 60D.18, subdivision 5.
53.13 	(d) For purposes of this section, a domestic insurer includes a person controlling a 
53.14 	domestic insurer unless the person, as determined by the commissioner, is either directly 
53.15 	or through its affiliates primarily engaged in business other than the business of insurance. 
53.16 	For the purposes of this section, "person" does not include any securities broker holding, 
53.17 	in the usual and customary brokers broker's function, less than 20 percent of the voting 
53.18 	securities of an insurance company or of any person that controls an insurance company.
53.19 	(e) The statement filed with the commissioner pursuant to subdivisions 1 and 2 must 
53.20 	remain confidential until the transaction is approved by the commissioner, except that all 
53.21 	attachments filed with the statement remain confidential after the approval unless the 
53.22 	commissioner, in the commissioner's discretion, determines that confidential treatment of 
53.23 	any of this information will interfere with enforcement of this section.

53.24 	Sec. 10. Minnesota Statutes 2024, section 60D.18, subdivision 3, is amended to read:
53.25 		Subd. 3.Preacquisition notification; waiting period. (a) An acquisition covered by 
53.26 	subdivision 2 may be subject to an order pursuant to subdivision 4 5 unless the acquiring 
53.27 	person files a preacquisition notification and the waiting period has expired. The acquired 
53.28 	person may file a preacquisition notification. The commissioner shall give confidential 
53.29 	treatment to information submitted under this section in the same manner as provided in 
53.30 	section 60D.22.
53.31 	(b) The preacquisition notification must be in the form and contain the information as 
53.32 	prescribed by the National Association of Insurance Commissioners relating to those markets 
53.33 	that, under subdivision 2, paragraph (b), clause (5) (4), cause the acquisition not to be 
54.1 	exempted from the provisions of this section. The commissioner may require the additional 
54.2 	material and information as the commissioner deems necessary to determine whether the 
54.3 	proposed acquisition, if consummated, would violate the competitive standard of subdivision 
54.4 	4. The required information may include an opinion of an economist as to the competitive 
54.5 	impact of the acquisition in this state accompanied by a summary of the education and 
54.6 	experience of the person indicating that person's ability to render an informed opinion.
54.7 	(c) The waiting period required begins on the date of receipt of the commissioner of a 
54.8 	preacquisition notification and ends on the earlier of the 30th day after the date of its receipt, 
54.9 	or termination of the waiting period by the commissioner. Before the end of the waiting 
54.10 	period, the commissioner on a onetime basis may require the submission of additional 
54.11 	needed information relevant to the proposed acquisition, in which event the waiting period 
54.12 	shall end on the earlier of the 30th day after receipt of the additional information by the 
54.13 	commissioner or termination of the waiting period by the commissioner.

54.14 	Sec. 11. Minnesota Statutes 2024, section 60D.19, subdivision 4, is amended to read:
54.15 		Subd. 4.Materiality. No information need be disclosed on the registration statement 
54.16 	filed pursuant to subdivision 2 if the information is not material for the purposes of this 
54.17 	section. Unless the commissioner by rule or order provides otherwise; sales, purchases, 
54.18 	exchanges, loans or extensions of credit, investments, or guarantees involving one-half of 
54.19 	one percent or less of an insurer's admitted assets as of the 31st day of December next 
54.20 	preceding shall not be deemed material for purposes of this section. The definition of 
54.21 	materiality provided in this subdivision does not apply for purposes of the group capital 
54.22 	calculation or the NAIC liquidity stress test framework.

54.23 	Sec. 12. Minnesota Statutes 2024, section 60D.19, is amended by adding a subdivision to 
54.24 	read:
54.25 		Subd. 11b.Group capital calculation. (a) Except as otherwise provided in this paragraph, 
54.26 	the ultimate controlling person of every insurer subject to registration must concurrently 
54.27 	file with the registration an annual group capital calculation as directed by the commissioner. 
54.28 	The report must be completed in accordance with the NAIC group capital calculation 
54.29 	instructions, which may permit the commissioner to allow a controlling person that is not 
54.30 	the ultimate controlling person to file the group capital calculation. The report must be filed 
54.31 	with the commissioner, as determined by the commissioner in accordance with the procedures 
54.32 	within the Financial Analysis Handbook adopted by the NAIC. The following insurance 
54.33 	holding company systems are exempt from filing the group capital calculation:
55.1 	(1) an insurance holding company system that (i) has only one insurer within the insurance 
55.2 	holding company system's holding company structure, (ii) only writes business and is only 
55.3 	licensed in the insurance holding company system's domestic state, and (iii) assumes no 
55.4 	business from any other insurer;
55.5 	(2) an insurance holding company system that is required to perform a group capital 
55.6 	calculation specified by the United States Federal Reserve Board. The commissioner must 
55.7 	request the calculation from the Federal Reserve Board under the terms of information 
55.8 	sharing agreements in effect. If the Federal Reserve Board is unable to share the calculation 
55.9 	with the commissioner, the insurance holding company system is not exempt from the group 
55.10 	capital calculation filing;
55.11 	(3) an insurance holding company system whose non-United States groupwide supervisor 
55.12 	is located within a reciprocal jurisdiction as described in section 60A.092, subdivision 10b, 
55.13 	that recognizes the United States state regulatory approach to group supervision and group 
55.14 	capital; or
55.15 	(4) an insurance holding company system:
55.16 	(i) that provides information to the commissioner that meets the requirements for 
55.17 	accreditation under the NAIC financial standards and accreditation program, either directly 
55.18 	or indirectly through the groupwide supervisor, that has determined the information is 
55.19 	satisfactory to allow the commissioner to comply with the NAIC group supervision approach, 
55.20 	as detailed in the NAIC Financial Analysis Handbook; and
55.21 	(ii) whose non-United States groupwide supervisor that is not in a reciprocal jurisdiction 
55.22 	recognizes and accepts, as specified by the commissioner by rule, the group capital 
55.23 	calculation as the worldwide group capital assessment for United States insurance groups 
55.24 	that operate in that jurisdiction.
55.25 	(b) Notwithstanding paragraph (a), clauses (3) and (4), a commissioner must require the 
55.26 	group capital calculation for the United States operations of any non-United States based 
55.27 	insurance holding company system where, after any necessary consultation with other 
55.28 	supervisors or officials, requiring the group capital calculation is deemed appropriate by 
55.29 	the commissioner for prudential oversight and solvency monitoring purposes or for ensuring 
55.30 	the competitiveness of the insurance marketplace.
55.31 	(c) Notwithstanding the exemptions from filing the group capital calculation under 
55.32 	paragraph (a), the commissioner may exempt the ultimate controlling person from filing 
55.33 	the annual group capital calculation or accept a limited group capital filing or report in 
55.34 	accordance with criteria specified by the commissioner by rule.
56.1 	(d) If the commissioner determines that an insurance holding company system no longer 
56.2 	meets one or more of the requirements for an exemption from filing the group capital 
56.3 	calculation under this subdivision, the insurance holding company system must file the 
56.4 	group capital calculation at the next annual filing date unless given an extension by the 
56.5 	commissioner based on reasonable grounds shown.

56.6 	Sec. 13. Minnesota Statutes 2024, section 60D.19, is amended by adding a subdivision to 
56.7 	read:
56.8 		Subd. 11c.Liquidity stress test. (a) The ultimate controlling person of every insurer 
56.9 	subject to registration and also scoped into the NAIC liquidity stress test framework must 
56.10 	file the results of a specific year's liquidity stress test. The filing must be made to the 
56.11 	commissioner, as determined by the procedures within the Financial Analysis Handbook 
56.12 	adopted by the NAIC.
56.13 	(b) The NAIC liquidity stress test framework includes scope criteria applicable to a 
56.14 	specific data year. The scope criteria must be reviewed at least annually by the NAIC 
56.15 	Financial Stability Task Force or the NAIC Financial Stability Task Force's successor. Any 
56.16 	change made to the NAIC liquidity stress test framework or to the data year for which the 
56.17 	scope criteria must be measured is effective January 1 of the year following the calendar 
56.18 	year in which the change is adopted. An insurer meeting at least one threshold of the scope 
56.19 	criteria is scoped into the NAIC liquidity stress test framework for the specified data year 
56.20 	unless the commissioner, in consultation with the NAIC Financial Stability Task Force or 
56.21 	the NAIC Financial Stability Task Force's successor, determines the insurer should not be 
56.22 	scoped into the framework for that data year. An insurer that does not trigger at least one 
56.23 	threshold of the scope criteria is scoped out of the NAIC liquidity stress test framework for 
56.24 	the specified data year unless the commissioner, in consultation with the NAIC Financial 
56.25 	Stability Task Force or the NAIC Financial Stability Task Force's successor, determines 
56.26 	the insurer should be scoped into the framework for the specified data year.
56.27 	(c) The commissioner and other state insurance commissioners must avoid scoping 
56.28 	insurers in and out of the NAIC liquidity stress test framework on a frequent basis. The 
56.29 	commissioner, in consultation with the NAIC Financial Stability Task Force or the NAIC 
56.30 	Financial Stability Task Force's successor, must assess irregular scope status as part of an 
56.31 	insurer's determination.
56.32 	(d) The performance of and filing of the results from a specific year's liquidity stress 
56.33 	test must comply with (1) the NAIC liquidity stress test framework's instructions and 
56.34 	reporting templates for the specific year, and (2) any commissioner determinations, in 
57.1 	consultation with the NAIC Financial Stability Task Force or the NAIC Financial Stability 
57.2 	Task Force's successor, provided within the framework.

57.3 	Sec. 14. [60D.195] GROUP CAPITAL CALCULATION.
57.4 		Subdivision 1.Annual group capital calculation; exemption permitted. The 
57.5 	commissioner may exempt the ultimate controlling person from filing the annual group 
57.6 	capital calculation if the commissioner makes a determination that the insurance holding 
57.7 	company system meets the following criteria:
57.8 	(1) has annual direct written and unaffiliated assumed premium, including international 
57.9 	direct and assumed premium but excluding premiums reinsured with the Federal Crop 
57.10 	Insurance Corporation and Federal Flood Program, of less than $1,000,000,000;
57.11 	(2) has no insurers within the insurance holding company's structure that are domiciled 
57.12 	outside of the United States or a United States territory;
57.13 	(3) has no banking, depository, or other financial entity that is subject to an identified 
57.14 	regulatory capital framework within the insurance holding company's structure;
57.15 	(4) attests that no material changes in the transactions between insurers and noninsurers 
57.16 	in the group have occurred since the last annual group capital filing; and
57.17 	(5) the noninsurers within the holding company system do not pose a material financial 
57.18 	risk to the insurer's ability to honor policyholder obligations.
57.19 		Subd. 2.Limited group capital filing. The commissioner may accept a limited group 
57.20 	capital filing in lieu of the group capital calculation if:
57.21 	(1) the insurance holding company system has annual direct written and unaffiliated 
57.22 	assumed premium, including international direct and assumed premium but excluding 
57.23 	premiums reinsured with the Federal Crop Insurance Corporation and Federal Flood Program, 
57.24 	of less than $1,000,000,000; and
57.25 	(2) the insurance holding company system:
57.26 	(i) has no insurers within the insurance holding company's structure that are domiciled 
57.27 	outside of the United States or a United States territory;
57.28 	(ii) does not include a banking, depository, or other financial entity that is subject to an 
57.29 	identified regulatory capital framework; and
58.1 	(iii) attests that no material changes in transactions between insurers and noninsurers in 
58.2 	the group have occurred and the noninsurers within the holding company system do not 
58.3 	pose a material financial risk to the insurer's ability to honor policyholder obligations.
58.4 		Subd. 3.Previous exemption; required filing. For an insurance holding company that 
58.5 	has previously met an exemption with respect to the group capital calculation under 
58.6 	subdivision 1 or 2, the commissioner may at any time require the ultimate controlling person 
58.7 	to file an annual group capital calculation, completed in accordance with the NAIC group 
58.8 	capital calculation instructions, if:
58.9 	(1) an insurer within the insurance holding company system is in a risk-based capital 
58.10 	action level event under section 60A.62 or a similar standard for a non-United States insurer;
58.11 	(2) an insurer within the insurance holding company system meets one or more of the 
58.12 	standards of an insurer deemed to be in hazardous financial condition, as defined under 
58.13 	section 60E.02, subdivision 5; or
58.14 	(3) an insurer within the insurance holding company system otherwise exhibits qualities 
58.15 	of a troubled insurer, as determined by the commissioner based on unique circumstances, 
58.16 	including but not limited to the type and volume of business written, ownership and 
58.17 	organizational structure, federal agency requests, and international supervisor requests.
58.18 		Subd. 4.Non-United States jurisdictions; recognition and acceptance. A non-United 
58.19 	States jurisdiction is deemed to recognize and accept the group capital calculation if the 
58.20 	non-United States jurisdiction:
58.21 	(1) with respect to section 60D.19, subdivision 11b, paragraph (a), clause (4):
58.22 	(i) recognizes the United States state regulatory approach to group supervision and group 
58.23 	capital by providing confirmation by a competent regulatory authority in the non-United 
58.24 	States jurisdiction that insurers and insurance groups whose lead state is accredited by the 
58.25 	NAIC under the NAIC accreditation program: (A) are subject only to worldwide prudential 
58.26 	insurance group supervision, including worldwide group governance, solvency and capital, 
58.27 	and reporting, as applicable, by the lead state; and (B) are not subject to group supervision, 
58.28 	including worldwide group governance, solvency and capital, and reporting, at the level of 
58.29 	the worldwide parent undertaking of the insurance or reinsurance group by the non-United 
58.30 	States jurisdiction; or
58.31 	(ii) if no United States insurance group operates in the non-United States jurisdiction, 
58.32 	indicates formally in writing to the lead state with a copy to the International Association 
58.33 	of Insurance Supervisors that the group capital calculation is an acceptable international 
59.1 	capital standard. The formal indication under this item serves as the documentation otherwise 
59.2 	required under item (i); and
59.3 	(2) provides confirmation by a competent regulatory authority in the non-United States 
59.4 	jurisdiction that information regarding an insurer and the insurer's parent, subsidiary, or 
59.5 	affiliated entities, if applicable, must be provided to the commissioner in accordance with 
59.6 	a memorandum of understanding or similar document between the commissioner and the 
59.7 	non-United States jurisdiction, including but not limited to the International Association of 
59.8 	Insurance Supervisors Multilateral Memorandum of Understanding or other multilateral 
59.9 	memoranda of understanding coordinated by the NAIC. The commissioner must determine, 
59.10 	in consultation with the NAIC committee process, if the information sharing agreement 
59.11 	requirements are effective.
59.12 		Subd. 5.Non-United States jurisdiction; publication. (a) A list of non-United States 
59.13 	jurisdictions that recognize and accept the group capital calculation under section 60D.19, 
59.14 	subdivision 11b, paragraph (a), clause (4), must be published through the NAIC committee 
59.15 	process to assist the commissioner determine what insurers must file an annual group capital 
59.16 	calculation. The list must clarify the situations in which a jurisdiction is exempt from filing 
59.17 	under section 60D.19, subdivision 11b, paragraph (a), clause (4). To assist with a 
59.18 	determination under section 60D.19, subdivision 11b, paragraph (b), the list must also 
59.19 	identify whether a jurisdiction that is exempt under section 60D.19, subdivision 11b, 
59.20 	paragraph (a), clause (3) or (4), requires a group capital filing for any United States insurance 
59.21 	group's operations in the non-United States jurisdiction.
59.22 	(b) For a non-United States jurisdiction where no United States insurance group operates, 
59.23 	the confirmation provided to comply with subdivision 4, clause (1), item (ii), serves as 
59.24 	support for a recommendation to be published that the non-United States jurisdiction is a 
59.25 	jurisdiction that recognizes and accepts the group capital calculation pursuant to the NAIC 
59.26 	committee process.
59.27 	(c) If the commissioner makes a determination pursuant to section 60D.19, subdivision 
59.28 	11b, that differs from the NAIC list, the commissioner must provide thoroughly documented 
59.29 	justification to the NAIC and other states.
59.30 	(d) Upon a determination by the commissioner that a non-United States jurisdiction no 
59.31 	longer meets one or more of the requirements to recognize and accept the group capital 
59.32 	calculation, the commissioner may provide a recommendation to the NAIC that the 
59.33 	non-United States jurisdiction be removed from the list of jurisdictions that recognize and 
59.34 	accept the group capital calculation.

60.1 	Sec. 15. Minnesota Statutes 2024, section 60D.20, subdivision 1, is amended to read:
60.2 		Subdivision 1.Transactions within an insurance holding company system. (a) 
60.3 	Transactions within an insurance holding company system to which an insurer subject to 
60.4 	registration is a party are subject to the following standards:
60.5 	(1) the terms shall be fair and reasonable;
60.6 	(2) agreements for cost-sharing services and management shall include the provisions 
60.7 	required by rule issued by the commissioner;
60.8 	(3) charges or fees for services performed shall be reasonable;
60.9 	(4) expenses incurred and payment received shall be allocated to the insurer in conformity 
60.10 	with customary insurance accounting practices consistently applied;
60.11 	(5) the books, accounts, and records of each party to all such transactions shall be so 
60.12 	maintained as to clearly and accurately disclose the nature and details of the transactions 
60.13 	including this accounting information as is necessary to support the reasonableness of the 
60.14 	charges or fees to the respective parties; and
60.15 	(6) the insurer's surplus as regards policyholders following any dividends or distributions 
60.16 	to shareholder affiliates shall be reasonable in relation to the insurer's outstanding liabilities 
60.17 	and adequate to its financial needs.;
60.18 	(7) if the commissioner determines an insurer subject to this chapter is in a hazardous 
60.19 	financial condition, as defined under section 60E.02, subdivision 5, or a condition that would 
60.20 	be grounds for supervision, conservation, or a delinquency proceeding, the commissioner 
60.21 	may require the insurer to secure and maintain either a deposit, held by the commissioner, 
60.22 	or a bond, as determined by the insurer at the insurer's discretion, to protect the insurer for 
60.23 	the duration of the contract, agreement, or the existence of the condition for which the 
60.24 	commissioner required the deposit or bond. When determining whether a deposit or bond 
60.25 	is required, the commissioner must consider whether concerns exist with respect to the 
60.26 	affiliated person's ability to fulfill the contract or agreement if the insurer entered into 
60.27 	liquidation. Once the insurer is deemed to be in a hazardous financial condition or a condition 
60.28 	that would be grounds for supervision, conservation, or a delinquency proceeding, and a 
60.29 	deposit or bond is necessary, the commissioner may determine the amount of the deposit 
60.30 	or bond, not to exceed the value of the contract or agreement in any one year, and whether 
60.31 	the deposit or bond is required for a single contract, multiple contracts, or a contract only 
60.32 	with a specific person or persons;
61.1 	(8) all of an insurer's records and data held by an affiliate are and remain the property 
61.2 	of the insurer, are subject to control of the insurer, are identifiable, and are segregated or 
61.3 	readily capable of segregation, at no additional cost to the insurer, from all other persons' 
61.4 	records and data. For purposes of this clause, records and data include all records and data 
61.5 	that are otherwise the property of the insurer in whatever form maintained, including but 
61.6 	not limited to claims and claim files, policyholder lists, application files, litigation files, 
61.7 	premium records, rate books, underwriting manuals, personnel records, financial records, 
61.8 	or similar records within the affiliate's possession, custody, or control. At the request of the 
61.9 	insurer, the affiliate must provide that the receiver may (i) obtain a complete set of all records 
61.10 	of any type that pertain to the insurer's business, (ii) obtain access to the operating systems 
61.11 	on which the data are maintained, (iii) obtain the software that runs the operating systems 
61.12 	either through assumption of licensing agreements or otherwise, and (iv) restrict the use of 
61.13 	the data by the affiliate if the affiliate is not operating the insurer's business. The affiliate 
61.14 	must provide a waiver of any landlord lien or other encumbrance to provide the insurer 
61.15 	access to all records and data in the event the affiliate defaults under a lease or other 
61.16 	agreement; and
61.17 	(9) premiums or other funds belonging to the insurer that are collected or held by an 
61.18 	affiliate are the exclusive property of the insurer and are subject to the control of the insurer. 
61.19 	Any right of offset in the event an insurer is placed into receivership is subject to chapter 
61.20 	576.
61.21 	(b) The following transactions involving a domestic insurer and any person in its 
61.22 	insurance holding company system, including amendments or modifications of affiliate 
61.23 	agreements previously filed pursuant to this section, which are subject to any materiality 
61.24 	standards contained in clauses (1) to (7), may not be entered into unless the insurer has 
61.25 	notified the commissioner in writing of its intention to enter into the transaction at least 30 
61.26 	days prior thereto, or a shorter period the commissioner permits, and the commissioner has 
61.27 	not disapproved it within this period. The notice for amendments or modifications must 
61.28 	include the reasons for the change and the financial impact on the domestic insurer. Informal 
61.29 	notice must be reported, within 30 days after a termination of a previously filed agreement, 
61.30 	to the commissioner for determination of the type of filing required, if any:
61.31 	(1) sales, purchases, exchanges, loans or extensions of credit, guarantees, or investments 
61.32 	provided the transactions are equal to or exceed: (i) with respect to nonlife insurers, the 
61.33 	lesser of three percent of the insurer's admitted assets, or 25 percent of surplus as regards 
61.34 	policyholders; (ii) with respect to life insurers, three percent of the insurer's admitted assets; 
61.35 	each as of the 31st day of December next preceding;
62.1 	(2) loans or extensions of credit to any person who is not an affiliate, where the insurer 
62.2 	makes the loans or extensions of credit with the agreement or understanding that the proceeds 
62.3 	of the transactions, in whole or in substantial part, are to be used to make loans or extensions 
62.4 	of credit to, to purchase assets of, or to make investments in, any affiliate of the insurer 
62.5 	making such loans or extensions of credit provided the transactions are equal to or exceed: 
62.6 	(i) with respect to nonlife insurers, the lesser of three percent of the insurer's admitted assets 
62.7 	or 25 percent of surplus as regards policyholders; (ii) with respect to life insurers, three 
62.8 	percent of the insurer's admitted assets; each as of the 31st day of December next preceding;
62.9 	(3) reinsurance agreements or modifications to those agreements, including: (i) all 
62.10 	reinsurance pooling agreements; and (ii) agreements in which the reinsurance premium or 
62.11 	a change in the insurer's liabilities, or the projected reinsurance premium or a change in the 
62.12 	insurer's liabilities in any of the next three years, equals or exceeds five percent of the 
62.13 	insurer's surplus as regards policyholders, as of the 31st day of December next preceding, 
62.14 	including those agreements which may require as consideration the transfer of assets from 
62.15 	an insurer to a nonaffiliate, if an agreement or understanding exists between the insurer and 
62.16 	nonaffiliate that any portion of such the assets will be transferred to one or more affiliates 
62.17 	of the insurer;
62.18 	(4) all management agreements, service contracts, tax allocation agreements, guarantees, 
62.19 	and all cost-sharing arrangements;
62.20 	(5) guarantees when made by a domestic insurer; provided, however, that a guarantee 
62.21 	which is quantifiable as to amount is not subject to the notice requirements of this paragraph 
62.22 	unless it exceeds the lesser of one-half of one percent of the insurer's admitted assets or ten 
62.23 	percent of surplus as regards policyholders as of the 31st day of December next preceding. 
62.24 	Further, all guarantees which are not quantifiable as to amount are subject to the notice 
62.25 	requirements of this paragraph;
62.26 	(6) direct or indirect acquisitions or investments in a person that controls the insurer or 
62.27 	in an affiliate of the insurer in an amount which, together with its present holdings in the 
62.28 	investments, exceeds 2-1/2 percent of the insurer's surplus to policyholders. Direct or indirect 
62.29 	acquisitions or investments in subsidiaries acquired pursuant to section 60D.16, as otherwise 
62.30 	authorized under this chapter, or in nonsubsidiary insurance affiliates that are subject to the 
62.31 	provisions of sections 60D.15 to 60D.29, are exempt from this requirement; and
62.32 	(7) any material transactions, specified by regulation, which the commissioner determines 
62.33 	may adversely affect the interests of the insurer's policyholders.
63.1 	Nothing contained in this section authorizes or permits any transactions that, in the case 
63.2 	of an insurer not a member of the same insurance holding company system, would be 
63.3 	otherwise contrary to law.
63.4 	(c) A domestic insurer may not enter into transactions which are part of a plan or series 
63.5 	of like transactions with persons within the insurance holding company system if the purpose 
63.6 	of those separate transactions is to avoid the statutory threshold amount and thus avoid the 
63.7 	review that would occur otherwise. If the commissioner determines that the separate 
63.8 	transactions were entered into over any 12-month period for the purpose, the commissioner 
63.9 	may exercise the authority under section 60D.25.
63.10 	(d) The commissioner, in reviewing transactions pursuant to paragraph (b), shall consider 
63.11 	whether the transactions comply with the standards set forth in paragraph (a), and whether 
63.12 	they may adversely affect the interests of policyholders.
63.13 	(e) The commissioner shall be notified within 30 days of any investment of the domestic 
63.14 	insurer in any one corporation if the total investment in the corporation by the insurance 
63.15 	holding company system exceeds ten percent of the corporation's voting securities.
63.16 	(f) An affiliate that is party to an agreement or contract with a domestic insurer that is 
63.17 	subject to paragraph (b), clause (4), is subject to the jurisdiction of any supervision, seizure, 
63.18 	conservatorship, or receivership proceedings against the insurer and to the authority of a 
63.19 	supervisor, conservator, rehabilitator, or liquidator for the insurer appointed pursuant to 
63.20 	chapters 60B and 576 for the purpose of interpreting, enforcing, and overseeing the affiliate's 
63.21 	obligations under the agreement or contract to perform services for the insurer that are: (1) 
63.22 	an integral part of the insurer's operations, including but not limited to management, 
63.23 	administrative, accounting, data processing, marketing, underwriting, claims handling, 
63.24 	investment, or any other similar functions; or (2) essential to the insurer's ability to fulfill 
63.25 	the insurer's obligations under insurance policies. The commissioner may require that an 
63.26 	agreement or contract pursuant to paragraph (b), clause (4), to provide the services described 
63.27 	in clauses (1) and (2) must specify that the affiliate consents to the jurisdiction as provided 
63.28 	under this paragraph.

63.29 	Sec. 16. Minnesota Statutes 2024, section 60D.217, is amended to read:
63.30 	60D.217 GROUPWIDE SUPERVISION OF INTERNATIONALLY ACTIVE 
63.31 	INSURANCE GROUPS.
63.32 	(a) The commissioner is authorized to act as the groupwide supervisor for any 
63.33 	internationally active insurance group in accordance with the provisions of this section. 
64.1 	However, the commissioner may otherwise acknowledge another regulatory official as the 
64.2 	groupwide supervisor where the internationally active insurance group:
64.3 	(1) does not have substantial insurance operations in the United States;
64.4 	(2) has substantial insurance operations in the United States, but not in this state; or
64.5 	(3) has substantial insurance operations in the United States and this state, but the 
64.6 	commissioner has determined pursuant to the factors set forth in subsections paragraphs (b) 
64.7 	and (f) that the other regulatory official is the appropriate groupwide supervisor.
64.8 	An insurance holding company system that does not otherwise qualify as an internationally 
64.9 	active insurance group may request that the commissioner make a determination or 
64.10 	acknowledgment as to a groupwide supervisor pursuant to this section.
64.11 	(b) In cooperation with other state, federal, and international regulatory agencies, the 
64.12 	commissioner will must identify a single groupwide supervisor for an internationally active 
64.13 	insurance group. The commissioner may determine that the commissioner is the appropriate 
64.14 	groupwide supervisor for an internationally active insurance group that conducts substantial 
64.15 	insurance operations concentrated in this state. However, the commissioner may acknowledge 
64.16 	that a regulatory official from another jurisdiction is the appropriate groupwide supervisor 
64.17 	for the internationally active insurance group. The commissioner shall consider the following 
64.18 	factors when making a determination or acknowledgment under this subsection paragraph:
64.19 	(1) the place of domicile of the insurers within the internationally active insurance group 
64.20 	that hold the largest share of the group's written premiums, assets, or liabilities;
64.21 	(2) the place of domicile of the top-tiered insurer(s) insurer or insurers in the insurance 
64.22 	holding company system of the internationally active insurance group;
64.23 	(3) the location of the executive offices or largest operational offices of the internationally 
64.24 	active insurance group;
64.25 	(4) whether another regulatory official is acting or is seeking to act as the groupwide 
64.26 	supervisor under a regulatory system that the commissioner determines to be:
64.27 	(i) substantially similar to the system of regulation provided under the laws of this state; 
64.28 	or
64.29 	(ii) otherwise sufficient in terms of providing for groupwide supervision, enterprise risk 
64.30 	analysis, and cooperation with other regulatory officials; and
64.31 	(5) whether another regulatory official acting or seeking to act as the groupwide 
64.32 	supervisor provides the commissioner with reasonably reciprocal recognition and cooperation.
65.1 	However, a commissioner identified under this section as the groupwide supervisor may 
65.2 	determine that it is appropriate to acknowledge another supervisor to serve as the groupwide 
65.3 	supervisor. The acknowledgment of the groupwide supervisor shall be made after 
65.4 	consideration of the factors listed in clauses (1) to (5), and shall be made in cooperation 
65.5 	with and subject to the acknowledgment of other regulatory officials involved with 
65.6 	supervision of members of the internationally active insurance group, and in consultation 
65.7 	with the internationally active insurance group.
65.8 	(c) Notwithstanding any other provision of law, when another regulatory official is acting 
65.9 	as the groupwide supervisor of an internationally active insurance group, the commissioner 
65.10 	shall acknowledge that regulatory official as the groupwide supervisor. However, in the 
65.11 	event of a material change in the internationally active insurance group that results in:
65.12 	(1) the internationally active insurance group's insurers domiciled in this state holding 
65.13 	the largest share of the group's premiums, assets, or liabilities; or
65.14 	(2) this state being the place of domicile of the top-tiered insurer(s) insurer or insurers
65.15 	in the insurance holding company system of the internationally active insurance group,
65.16 	the commissioner shall make a determination or acknowledgment as to the appropriate 
65.17 	groupwide supervisor for such an internationally active insurance group pursuant to 
65.18 	subsection paragraph (b).
65.19 	(d) Pursuant to section 60D.21, the commissioner is authorized to collect from any 
65.20 	insurer registered pursuant to section 60D.19 all information necessary to determine whether 
65.21 	the commissioner may act as the groupwide supervisor of an internationally active insurance 
65.22 	group or if the commissioner may acknowledge another regulatory official to act as the 
65.23 	groupwide supervisor. Prior to issuing a determination that an internationally active insurance 
65.24 	group is subject to groupwide supervision by the commissioner, the commissioner shall 
65.25 	notify the insurer registered pursuant to section 60D.19 and the ultimate controlling person 
65.26 	within the internationally active insurance group. The internationally active insurance group 
65.27 	shall have not less than 30 days to provide the commissioner with additional information 
65.28 	pertinent to the pending determination. The commissioner shall publish in the State Register 
65.29 	and on the department's website the identity of internationally active insurance groups that 
65.30 	the commissioner has determined are subject to groupwide supervision by the commissioner.
65.31 	(e) If the commissioner is the groupwide supervisor for an internationally active insurance 
65.32 	group, the commissioner is authorized to engage in any of the following groupwide 
65.33 	supervision activities:
66.1 	(1) assess the enterprise risks within the internationally active insurance group to ensure 
66.2 	that:
66.3 	(i) the material financial condition and liquidity risks to the members of the internationally 
66.4 	active insurance group that are engaged in the business of insurance are identified by 
66.5 	management; and
66.6 	(ii) reasonable and effective mitigation measures are in place; or
66.7 	(2) request, from any member of an internationally active insurance group subject to the 
66.8 	commissioner's supervision, information necessary and appropriate to assess enterprise risk, 
66.9 	including but not limited to information about the members of the internationally active 
66.10 	insurance group regarding:
66.11 	(i) governance, risk assessment, and management;
66.12 	(ii) capital adequacy; and
66.13 	(iii) material intercompany transactions;
66.14 	(3) coordinate and, through the authority of the regulatory officials of the jurisdictions 
66.15 	where members of the internationally active insurance group are domiciled, compel 
66.16 	development and implementation of reasonable measures designed to ensure that the 
66.17 	internationally active insurance group is able to timely recognize and mitigate enterprise 
66.18 	risks to members of such the internationally active insurance group that are engaged in the 
66.19 	business of insurance;
66.20 	(4) communicate with other state, federal and international regulatory agencies for 
66.21 	members within the internationally active insurance group and share relevant information 
66.22 	subject to the confidentiality provisions of section 60D.22, through supervisory colleges as 
66.23 	set forth in section 60D.215 or otherwise;
66.24 	(5) enter into agreements with or obtain documentation from any insurer registered under 
66.25 	section 60D.19, any member of the internationally active insurance group, and any other 
66.26 	state, federal, and international regulatory agencies for members of the internationally active 
66.27 	insurance group, providing the basis for or otherwise clarifying the commissioner's role as 
66.28 	groupwide supervisor, including provisions for resolving disputes with other regulatory 
66.29 	officials. Such Agreements or documentation under this clause shall not serve as evidence 
66.30 	in any proceeding that any insurer or person within an insurance holding company system 
66.31 	not domiciled or incorporated in this state is doing business in this state or is otherwise 
66.32 	subject to jurisdiction in this state; and
67.1 	(6) other groupwide supervision activities, consistent with the authorities and purposes 
67.2 	enumerated above, as considered necessary by the commissioner.
67.3 	(f) If the commissioner acknowledges that another regulatory official from a jurisdiction 
67.4 	that is not accredited by the NAIC is the groupwide supervisor, the commissioner is 
67.5 	authorized to reasonably cooperate, through supervisory colleges or otherwise, with 
67.6 	groupwide supervision undertaken by the groupwide supervisor, provided that:
67.7 	(1) the commissioner's cooperation is in compliance with the laws of this state; and
67.8 	(2) the regulatory official acknowledged as the groupwide supervisor also recognizes 
67.9 	and cooperates with the commissioner's activities as a groupwide supervisor for other 
67.10 	internationally active insurance groups where applicable. Where such recognition and 
67.11 	cooperation by the groupwide supervisor is not reasonably reciprocal, the commissioner is 
67.12 	authorized to refuse recognition and cooperation.
67.13 	(g) The commissioner is authorized to enter into agreements with or obtain documentation 
67.14 	from any insurer registered under section 60D.19, any affiliate of the insurer, and other 
67.15 	state, federal, and international regulatory agencies for members of the internationally active 
67.16 	insurance group, that provide the basis for or otherwise clarify a regulatory official's role 
67.17 	as groupwide supervisor.
67.18 	(h) A registered insurer subject to this section shall be liable for and shall pay the 
67.19 	reasonable expenses of the commissioner's participation in the administration of this section, 
67.20 	including the engagement of attorneys, actuaries, and any other professionals and all 
67.21 	reasonable travel expenses.

67.22 	Sec. 17. Minnesota Statutes 2024, section 60D.22, subdivision 1, is amended to read:
67.23 		Subdivision 1.Classification protection and use of information by commissioner. (a) 
67.24 	Documents, materials, or other information in the possession or control of the department 
67.25 	that are obtained by or disclosed to the commissioner or any other person in the course of 
67.26 	an examination or investigation made pursuant to section 60D.21 and all information reported 
67.27 	pursuant to sections 60D.17, except as provided in section 60D.17, subdivision 1, paragraph 
67.28 	(e); 60D.18; 60D.19; and60D.20,; and 60D.217, are classified as confidential or protected 
67.29 	nonpublic or both, are not subject to subpoena, and are not subject to discovery or admissible 
67.30 	in evidence in a private civil action. However, the commissioner may use the documents, 
67.31 	materials, or other information in the furtherance of any regulatory or legal action brought 
67.32 	as a part of the commissioner's official duties. The commissioner shall not otherwise make 
67.33 	the documents, materials, or other information public without the prior written consent of 
68.1 	the insurer to which it pertains unless the commissioner, after giving the insurer and its 
68.2 	affiliates who would be affected by this action notice and opportunity to be heard, determines 
68.3 	that the interest of policyholders, shareholders, or the public will be is served by the 
68.4 	publication of it, in which event the commissioner may publish all or any part in the manner 
68.5 	the commissioner deems appropriate.
68.6 	(b) For purposes of the information reported and provided to the department pursuant 
68.7 	to section 60D.19, subdivision 11b, the commissioner must maintain the confidentiality of 
68.8 	the group capital calculation and group capital ratio produced within the calculation and 
68.9 	any group capital information received from an insurance holding company supervised by 
68.10 	the Federal Reserve Board or any United States groupwide supervisor.
68.11 	(c) For purposes of the information reported and provided to the department pursuant 
68.12 	to section 60D.19, subdivision 11c, the commissioner must maintain the confidentiality of 
68.13 	the liquidity stress test results and supporting disclosures and any liquidity stress test 
68.14 	information received from an insurance holding company supervised by the Federal Reserve 
68.15 	Board and non-United States groupwide supervisors.

68.16 	Sec. 18. Minnesota Statutes 2024, section 60D.22, subdivision 3, is amended to read:
68.17 		Subd. 3.Sharing of information. In order to assist in the performance of the 
68.18 	commissioner's duties, the commissioner:
68.19 	(1) may share documents, materials, or other information, including the confidential, 
68.20 	protected nonpublic, and privileged documents, materials, or information subject to this 
68.21 	section, including proprietary and trade secret documents and materials, with: (i) other state, 
68.22 	federal, and international regulatory agencies, with; (ii) the NAIC and its affiliates and 
68.23 	subsidiaries,; (iii) any third-party consultants designated by the commissioner; and with
68.24 	(iv) state, federal, and international law enforcement authorities, including members of any 
68.25 	supervisory college described in section 60D.215, provided that the recipient agrees in 
68.26 	writing to maintain the confidentiality and privileged status of the document, material, or 
68.27 	other information, and has verified in writing the legal authority to maintain confidentiality;
68.28 	(2) notwithstanding clause (1), may only share confidential, protected nonpublic, and 
68.29 	privileged documents, materials, or information reported pursuant to section 60D.19, 
68.30 	subdivision 11a, with commissioners of states having statutes or regulations substantially 
68.31 	similar to subdivision 1 and who have agreed in writing not to disclose this information;
68.32 	(3) may receive documents, materials, or information, including otherwise confidential 
68.33 	and privileged documents, materials, or information from the NAIC and its the NAIC's
69.1 	affiliates and subsidiaries and from regulatory and law enforcement officials of other foreign 
69.2 	or domestic jurisdictions, and shall maintain as confidential, protected nonpublic, or 
69.3 	privileged any document, material, or information received with notice or the understanding 
69.4 	that it is confidential or privileged under the laws of the jurisdiction that is the source of the 
69.5 	document, material, or information; and
69.6 	(4) shall enter into written agreements with the NAIC and a third-party consultant 
69.7 	designated by the commissioner governing sharing and use of information provided pursuant 
69.8 	to sections 60D.15 to 60D.29 consistent with this clause that shall:
69.9 	(i) specify procedures and protocols regarding the confidentiality and security of 
69.10 	information shared with the NAIC and its affiliates and subsidiaries or a third-party consultant 
69.11 	designated by the commissioner pursuant to sections 60D.15 to 60D.29, including procedures 
69.12 	and protocols for sharing by the NAIC with other state, federal, or international regulators. 
69.13 	The agreement must provide that the recipient agrees in writing to maintain the confidentiality 
69.14 	and privileged status of the documents, materials, or other information, and has verified in 
69.15 	writing the legal authority to maintain confidentiality;
69.16 	(ii) specify that ownership of information shared with the NAIC and its affiliates and 
69.17 	subsidiaries or a third-party consultant pursuant to sections 60D.15 to 60D.29 remains with 
69.18 	the commissioner and the NAIC's or a third-party consultant's, as designated by the 
69.19 	commissioner, use of the information is subject to the direction of the commissioner;
69.20 	(iii) excluding documents, material, or information reported pursuant to section 60D.19, 
69.21 	subdivision 11c, prohibit the NAIC or a third-party consultant designated by the 
69.22 	commissioner from storing the information shared pursuant to sections 60D.15 to 60D.29 
69.23 	in a permanent database after the underlying analysis is completed;
69.24 	(iii) (iv) require prompt notice to be given to an insurer whose confidential or protected 
69.25 	nonpublic information in the possession of the NAIC or a third-party consultant designated 
69.26 	by the commissioner pursuant to sections 60D.15 to 60D.29 is subject to a request or 
69.27 	subpoena to the NAIC or a third-party consultant designated by the commissioner for 
69.28 	disclosure or production; and
69.29 	(iv) (v) require the NAIC and its affiliates and subsidiaries or a third-party consultant 
69.30 	designated by the commissioner to consent to intervention by an insurer in any judicial or 
69.31 	administrative action in which the NAIC and its affiliates and subsidiaries or a third-party 
69.32 	consultant designated by the commissioner may be required to disclose confidential or 
69.33 	protected nonpublic information about the insurer shared with the NAIC and its affiliates 
70.1 	and subsidiaries or a third-party consultant designated by the commissioner pursuant to 
70.2 	sections 60D.15 to 60D.29.; and
70.3 	(vi) for documents, material, or information reported pursuant to section 60D.19, 
70.4 	subdivision 11c, in the case of an agreement involving a third-party consultant, provide for 
70.5 	notification of the identity of the consultant to the applicable insurers.

70.6 	Sec. 19. Minnesota Statutes 2024, section 60D.22, subdivision 6, is amended to read:
70.7 		Subd. 6.Classification protection and use by others. Documents, materials, or other 
70.8 	information in the possession or control of the NAIC or a third-party consultant designated 
70.9 	by the commissioner pursuant to sections 60D.15 to 60D.29 are confidential, protected 
70.10 	nonpublic, or privileged, are not subject to subpoena, and are not subject to discovery or 
70.11 	admissible in evidence in a private civil action.

70.12 	Sec. 20. Minnesota Statutes 2024, section 60D.22, is amended by adding a subdivision to 
70.13 	read:
70.14 		Subd. 7.Certain disclosures or publication prohibited. (a) The group capital calculation 
70.15 	and resulting group capital ratio required under section 60D.19, subdivision 11b, and the 
70.16 	liquidity stress test along with the liquidity stress test's results and supporting disclosures 
70.17 	required under section 60D.19, subdivision 11c, are regulatory tools to assess group risks 
70.18 	and capital adequacy and group liquidity risks, respectively, and are not intended as a means 
70.19 	to rank insurers or insurance holding company systems generally.
70.20 	(b) Except as otherwise required under sections 60D.09 to 60D.29, making, publishing, 
70.21 	disseminating, circulating, or placing before the public, or causing directly or indirectly to 
70.22 	be made, published, disseminated, circulated, or placed before the public in a newspaper, 
70.23 	magazine, or other publication, or in the form of a notice, circular, pamphlet, letter, or poster, 
70.24 	or over any radio, television station, or any electronic means of communication available 
70.25 	to the public, or in any other way as an advertisement, announcement, or statement containing 
70.26 	a representation or statement with regard to the group capital calculation, group capital ratio, 
70.27 	the liquidity stress test results, or supporting disclosures for the liquidity stress test of any 
70.28 	insurer or any insurer group, or of any component derived in the calculation by any insurer, 
70.29 	broker, or other person engaged in any manner in the insurance business is misleading and 
70.30 	is prohibited.
70.31 	(c) Notwithstanding paragraph (b), an insurer may publish an announcement in a written 
70.32 	publication if any materially false statement with respect to the group capital calculation, 
70.33 	resulting group capital ratio, an inappropriate comparison of any amount to an insurer's or 
71.1 	insurance group's group capital calculation or resulting group capital ratio, liquidity stress 
71.2 	test result, supporting disclosures for the liquidity stress test, or an inappropriate comparison 
71.3 	of any amount to an insurer's or insurance group's liquidity stress test result or supporting 
71.4 	disclosures is published in any written publication and the insurer is able to demonstrate to 
71.5 	the commissioner with substantial proof the statement's falsity or inappropriateness. The 
71.6 	sole purpose of an announcement under this paragraph must be to rebut the materially false 
71.7 	statement.

71.8 	Sec. 21. Minnesota Statutes 2024, section 60D.24, subdivision 2, is amended to read:
71.9 		Subd. 2.Voting of securities; when prohibited. No security that is the subject of any 
71.10 	agreement or arrangement regarding acquisition, or that is acquired or to be acquired, in 
71.11 	contravention of the provisions of this chapter or of any rule or order issued by the 
71.12 	commissioner may be voted at any shareholder's meeting, or may be counted for quorum 
71.13 	purposes, and any action of shareholders requiring the affirmative vote of a percentage of 
71.14 	shares may be taken as though the securities were not issued and outstanding. No action 
71.15 	taken at the meeting shall be invalidated by the voting of the securities, unless the action 
71.16 	would materially affect control of the insurer or unless the courts of this state have so 
71.17 	ordered. If an insurer or the commissioner has reason to believe that any security of the 
71.18 	insurer has been or is about to be acquired in contravention of the provisions of this chapter 
71.19 	or of any rule or order issued by the commissioner, the insurer or the commissioner may 
71.20 	apply to the district court for the county in which the insurer has its principal place of 
71.21 	business to enjoin any offer, request, invitation, agreement, or acquisition made in 
71.22 	contravention of section 60D.16 60D.17 or any rule or order issued by the commissioner 
71.23 	to enjoin the voting of any security so acquired, to void any vote of the security already cast 
71.24 	at any meeting of shareholders and for other equitable relief as the nature of the case and 
71.25 	the interest of the insurer's policyholders or the public requires.

71.26 	Sec. 22. Minnesota Statutes 2024, section 60D.25, is amended to read:
71.27 	60D.25 RECEIVERSHIP.
71.28 	Whenever it appears to the commissioner that any person has committed a violation of 
71.29 	this chapter that so impairs the financial condition of a domestic insurer as to threaten 
71.30 	insolvency or make the further transaction of business by it hazardous to its policyholders, 
71.31 	creditors, shareholders, or the public, then the commissioner may proceed as provided in 
71.32 	chapter 60B to take possessions of the property of the domestic insurer and to conduct the 
71.33 	business of that the domestic insurer.

72.1 	ARTICLE 6
72.2 	MINNESOTA BUSINESS CORPORATIONS ACT

72.3 	Section 1. Minnesota Statutes 2024, section 302A.011, subdivision 41, is amended to 
72.4 	read:
72.5 		Subd. 41.Beneficial owner; beneficial ownership. (a) "Beneficial owner," when used 
72.6 	with respect to shares or other securities, includes, but is not limited to, any person who, 
72.7 	directly or indirectly through any written or oral agreement, arrangement, relationship, 
72.8 	understanding, or otherwise, has or shares the power to vote, or direct the voting of, the 
72.9 	shares or securities or has or shares the power to dispose of, or direct the disposition of, the 
72.10 	shares or securities, except that:
72.11 	(1) a person shall not be deemed the beneficial owner of shares or securities tendered 
72.12 	pursuant to a tender or exchange offer made by the person or any of the person's affiliates 
72.13 	or associates until the tendered shares or securities are accepted for purchase or exchange; 
72.14 	and
72.15 	(2) a person shall not be deemed the beneficial owner of shares or securities with respect 
72.16 	to which the person has the power to vote or direct the voting arising solely from a revocable 
72.17 	proxy given in response to a proxy solicitation required to be made and made in accordance 
72.18 	with the applicable rules and regulations under the Securities Exchange Act of 1934 and is 
72.19 	not then reportable under that act on a Schedule 13D or comparable report, or, if the 
72.20 	corporation is not subject to the rules and regulations under the Securities Exchange Act of 
72.21 	1934, would have been required to be made and would not have been reportable if the 
72.22 	corporation had been subject to the rules and regulations.
72.23 	(b) "Beneficial ownership" includes, but is not limited to, the right to acquire shares or 
72.24 	securities through the exercise of options, warrants, or rights, or the conversion of convertible 
72.25 	securities, or otherwise. The shares or securities subject to the options, warrants, rights, or 
72.26 	conversion privileges held by a person shall be deemed to be outstanding for the purpose 
72.27 	of computing the percentage of outstanding shares or securities of the class or series owned 
72.28 	by the person, but shall not be deemed to be outstanding for the purpose of computing the 
72.29 	percentage of the class or series owned by any other person. A person shall be is deemed 
72.30 	the beneficial owner of shares and securities beneficially owned by: (1) any relative or 
72.31 	spouse of the person or any relative of the spouse, residing in the home of the person,; (2)
72.32 	any trust or estate in which the person (i) owns ten percent or more of the total beneficial 
72.33 	interest of the trust or estate, or (ii) serves as trustee or executor or in a similar fiduciary 
73.1 	capacity, for the trust or estate; (3) any organization in which the person owns ten percent 
73.2 	or more of the equity,; and (4) any affiliate of the person.
73.3 	(c) When two or more persons act or agree to act as a partnership, limited partnership, 
73.4 	syndicate, or other group for the purposes of acquiring, owning, or voting shares or other 
73.5 	securities of a corporation, all members of the partnership, syndicate, or other group are 
73.6 	deemed to constitute a "person" and to have acquired beneficial ownership, as of the date 
73.7 	they first so act or agree to act together, of all shares or securities of the corporation 
73.8 	beneficially owned by the person.

73.9 	Sec. 2. Minnesota Statutes 2024, section 302A.011, is amended by adding a subdivision 
73.10 	to read:
73.11 		Subd. 72.Defective corporate act. "Defective corporate act" means an overissue, an 
73.12 	election or appointment of directors that is void or voidable due to a failure of authorization, 
73.13 	or an act or transaction purportedly taken by or on behalf of the corporation that is and, at 
73.14 	the time the act or transaction was purportedly taken, would have been within the 
73.15 	corporation's power under section 302A.101 but is void or voidable due to a failure of 
73.16 	authorization.

73.17 	Sec. 3. Minnesota Statutes 2024, section 302A.011, is amended by adding a subdivision 
73.18 	to read:
73.19 		Subd. 73.Emergency. "Emergency" means a situation during which it is impracticable 
73.20 	for the corporation to conduct the corporation's affairs in accordance with this chapter, the 
73.21 	articles, the bylaws, or as specified in a notice for the meeting previously given as a result 
73.22 	of a catastrophic event or condition, including but not limited to an act of nature, an epidemic 
73.23 	or pandemic, a technological failure or malfunction, a terrorist incident or an act of war, a 
73.24 	cyber attack, a civil disturbance, or a governmental authority's emergency declaration.

73.25 	Sec. 4. Minnesota Statutes 2024, section 302A.011, is amended by adding a subdivision 
73.26 	to read:
73.27 		Subd. 74.Failure of authorization. "Failure of authorization" means the failure: (1) to 
73.28 	authorize or effect an act or transaction in compliance with (i) this chapter, (ii) the articles 
73.29 	or bylaws, (iii) any plan or agreement to which the corporation is a party, or (iv) the 
73.30 	disclosure set forth in any proxy or consent solicitation statement, if and to the extent the 
73.31 	failure renders the act or transaction void or voidable; or (2) of the board or an officer to 
74.1 	authorize or approve an act or transaction taken by or on behalf of the corporation that 
74.2 	requires board or officer approval for the act or transaction's due authorization.

74.3 	Sec. 5. Minnesota Statutes 2024, section 302A.011, is amended by adding a subdivision 
74.4 	to read:
74.5 		Subd. 75.Overissue. "Overissue" means the purported issuance of: (1) shares of a class 
74.6 	or series in excess of the number of shares of the class or series the corporation has the 
74.7 	power under the articles to issue under section 302A.401, subdivision 1, at the time of the 
74.8 	issuance; or (2) shares of any class or series that are not then authorized for issuance by the 
74.9 	articles.

74.10 	Sec. 6. Minnesota Statutes 2024, section 302A.011, is amended by adding a subdivision 
74.11 	to read:
74.12 		Subd. 76.Putative shares. "Putative shares" means shares, including shares issued upon 
74.13 	exercise of rights to purchase, in each case, that were created or issued pursuant to a defective 
74.14 	corporate act, that: (1) but for a failure of authorization, would constitute valid shares; or 
74.15 	(2) the board is unable to determine are valid shares.

74.16 	Sec. 7. Minnesota Statutes 2024, section 302A.011, is amended by adding a subdivision 
74.17 	to read:
74.18 		Subd. 77.Time of defective corporate act. "Time of defective corporate act" means 
74.19 	the date and time at which the defective corporate act was purportedly taken.

74.20 	Sec. 8. Minnesota Statutes 2024, section 302A.011, is amended by adding a subdivision 
74.21 	to read:
74.22 		Subd. 78.Validation effective time. "Validation effective time," with respect to a 
74.23 	defective corporate act ratified under section 302A.166 or 302A.167, means the latest of:
74.24 	(1) the time when a defective corporate act submitted to shareholders for approval under 
74.25 	section 302A.166, subdivision 4, is approved by shareholders or, if no vote of the 
74.26 	shareholders is required to approve the ratification of the defective corporate act, immediately 
74.27 	following the time when the board adopts the resolutions required under section 302A.166, 
74.28 	subdivision 2 or 3;
74.29 	(2) if no certificate of validation must be filed under section 302A.166, subdivision 6, 
74.30 	the time, if any, specified by the board of directors in the resolutions adopted under section 
75.1 	302A.166, subdivision 2 or 3, provided the time specified by the board of directors does 
75.2 	not precede the time when the resolutions are adopted; or
75.3 	(3) the time when any certificate of validation filed under section 302A.166, subdivision 
75.4 	6, is filed with the secretary of state.

75.5 	Sec. 9. Minnesota Statutes 2024, section 302A.011, is amended by adding a subdivision 
75.6 	to read:
75.7 		Subd. 79.Valid shares. "Valid shares" means shares that have been duly authorized 
75.8 	and validly issued as required under this chapter.

75.9 	Sec. 10. Minnesota Statutes 2024, section 302A.111, subdivision 2, is amended to read:
75.10 		Subd. 2.Statutory provisions that may be modified only in articles or in a 
75.11 	shareholder control agreement. The following provisions govern a corporation unless 
75.12 	modified in the articles or in a shareholder control agreement under section 302A.457:
75.13 	(a) a corporation has general business purposes (section 302A.101);
75.14 	(b) a corporation has perpetual existence and certain powers (section 302A.161);
75.15 	(c) the power to adopt, amend, or repeal the bylaws is vested in the board (section 
75.16 	302A.181);
75.17 	(d) a corporation must allow cumulative voting for directors (section 302A.215, 
75.18 	subdivision 2);
75.19 	(e) the affirmative vote of a majority of directors present is required for an action of the 
75.20 	board (section 302A.237);
75.21 	(f) a written action by the board taken without a meeting must be signed by all directors 
75.22 	(section 302A.239);
75.23 	(g) the board may authorize the issuance of securities and rights to purchase securities 
75.24 	(section 302A.401, subdivision 1);
75.25 	(h) all shares are common shares entitled to vote and are of one class and one series 
75.26 	(section 302A.401, subdivision 2, clauses (a) and (b));
75.27 	(i) all shares have equal rights and preferences in all matters not otherwise provided for 
75.28 	by the board (section 302A.401, subdivision 2, clause (b));
75.29 	(j) the par value of shares is fixed at one cent per share for certain purposes and may be 
75.30 	fixed by the board for certain other purposes (section 302A.401, subdivision 2, clause (c));
76.1 	(k) the board or the shareholders may issue shares for any consideration or for no 
76.2 	consideration to effectuate share dividends, divisions, or combinations, and determine the 
76.3 	value of nonmonetary consideration (section 302A.405, subdivision 1);
76.4 	(l) shares of a class or series must not be issued to holders of shares of another class or 
76.5 	series to effectuate share dividends, divisions, or combinations, unless authorized by a 
76.6 	majority of the voting power of the shares of the same class or series as the shares to be 
76.7 	issued (section 302A.405, subdivision 1);
76.8 	(m) a corporation may issue rights to purchase securities whose terms, provisions, and 
76.9 	conditions are fixed by the board (section 302A.409);
76.10 	(n) a shareholder has certain preemptive rights, unless otherwise provided by the board 
76.11 	(section 302A.413);
76.12 	(o) the affirmative vote of the holders of a majority of the voting power of the shares 
76.13 	present and entitled to vote at a duly held meeting is required for an action of the 
76.14 	shareholders, except where this chapter requires the affirmative vote of a plurality of the 
76.15 	votes cast (section 302A.215, subdivision 1) or a majority of the voting power of all shares 
76.16 	entitled to vote (section 302A.437, subdivision 1);
76.17 	(p) shares of a corporation acquired by the corporation may be reissued (section 
76.18 	302A.553, subdivision 1);
76.19 	(q) each share has one vote unless otherwise provided in the terms of the share (section 
76.20 	302A.445, subdivision 3);
76.21 	(r) a corporation may issue shares for a consideration less than the par value, if any, of 
76.22 	the shares (section 302A.405, subdivision 2);
76.23 	(s) the board may effect share dividends, divisions, and combinations under certain 
76.24 	circumstances without shareholder approval (section 302A.402);
76.25 	(t) a written action of shareholders must be signed by all shareholders (section 302A.441);
76.26 	(u) specified amendments of the articles create dissenters' rights (section 302A.471, 
76.27 	subdivision 1, clause (a)); and
76.28 	(v) shareholders are entitled to vote as a class or series upon proposed amendments to 
76.29 	the articles in specified circumstances (section 302A.137).; and
76.30 	(w) the corporation's business and affairs must be managed by or under the board's 
76.31 	direction (section 302A.201).

77.1 	Sec. 11. Minnesota Statutes 2024, section 302A.161, is amended by adding a subdivision 
77.2 	to read:
77.3 		Subd. 23a.Emergency powers. (a) During an emergency, unless emergency bylaws 
77.4 	provide otherwise:
77.5 	(1) notice of a meeting of the board must be given only to the directors that are practicable 
77.6 	to reach and may, if ordinary notice is impracticable or inadvisable due to the emergency, 
77.7 	be given in any practicable manner; and
77.8 	(2) the officers designated on a list approved by the board of directors before the 
77.9 	emergency, in the priority order and subject to conditions as may be provided in the board 
77.10 	resolution approving the list, must, to the extent required to provide a quorum at any meeting 
77.11 	of the board, be deemed directors for the meeting.
77.12 	(b) During an emergency that makes it impracticable to convene a meeting of shareholders 
77.13 	in accordance with this chapter, the articles, the bylaws, or as specified in a notice for the 
77.14 	meeting previously given, unless emergency bylaws provide otherwise, the board may 
77.15 	postpone a meeting of shareholders for which notice has been given or authorize shareholders 
77.16 	to participate in a meeting by any means of remote communication that conforms with 
77.17 	section 302A.436. The corporation must give notice to shareholders, by the means and with 
77.18 	shorter advance notice as are reasonable in the circumstances, of a postponement, including 
77.19 	any new date, time, or place, and describe any means of remote communication to be used. 
77.20 	The notice to shareholders by a publicly held corporation may be given solely by means of 
77.21 	a document publicly filed by the corporation with the Securities and Exchange Commission 
77.22 	pursuant to the rules and regulations under the Securities Exchange Act of 1934, United 
77.23 	States Code, title 15, section 78a, et seq.
77.24 	(c) A corporate action taken in good faith under this subdivision during an emergency 
77.25 	to further the business and affairs of the corporation binds the corporation.

77.26 	Sec. 12. [302A.166] DEFECTIVE CORPORATE ACTS AND SHARES; 
77.27 	RATIFICATION.
77.28 		Subdivision 1.Effect of ratification or validation. Subject to subdivision 7, a defective 
77.29 	corporate act or putative share is not void or voidable solely as a result of a failure of 
77.30 	authorization if the defective corporate act or putative share is ratified under this section or 
77.31 	validated by a court in a proceeding brought under section 302A.167.
78.1 		Subd. 2.Board approval; generally. (a) In order to ratify one or more defective corporate 
78.2 	acts under this section other than ratifying an election of the first board under subdivision 
78.3 	3, the board must adopt resolutions stating:
78.4 	(1) the defective corporate act or acts to be ratified;
78.5 	(2) the date of each defective corporate act or acts;
78.6 	(3) if the defective corporate act or acts involved the issuance of putative shares, the 
78.7 	number and type of putative shares issued and the date or dates upon which the putative 
78.8 	shares were purported to have been issued;
78.9 	(4) the nature of the failure of authorization in respect of each defective corporate act 
78.10 	to be ratified; and
78.11 	(5) that the board approves ratification of the defective corporate act or acts.
78.12 	(b) The resolutions also may provide that, at any time before the validation effective 
78.13 	time in respect of a defective corporate act set forth in the resolutions, notwithstanding the 
78.14 	approval of the ratification of the defective corporate act by shareholders, the board may 
78.15 	abandon the ratification of the defective corporate act without further action of the 
78.16 	shareholders.
78.17 	(c) The quorum and voting requirements that apply to the board's ratification of any 
78.18 	defective corporate act must be the quorum and voting requirements applicable to the type 
78.19 	of defective corporate act proposed to be ratified at the time the board adopts the resolutions 
78.20 	ratifying the defective corporate act. If the articles or bylaws, any plan or agreement to 
78.21 	which the corporation was a party, or any provision of this chapter, in each case as in effect 
78.22 	as of the time of the defective corporate act, require a larger number or portion of directors 
78.23 	or of specified directors for a quorum to be present or to approve the defective corporate 
78.24 	act, the larger number or portion of the directors or the specified directors must be required 
78.25 	for a quorum to be present or to adopt the resolutions to ratify the defective corporate act, 
78.26 	as applicable; except that the presence or approval of a director elected, appointed, or 
78.27 	nominated by holders of any class or series of which no shares are outstanding at the time 
78.28 	the board adopts the resolutions ratifying the defective corporate act, or by any person that 
78.29 	is no longer a shareholder at the time the board adopts the resolutions ratifying the defective 
78.30 	corporate act, is not required.
78.31 		Subd. 3.Board approval; election of first board. To ratify a defective corporate act 
78.32 	in respect of the election of the first board under section 302A.201, subdivision 1, a majority 
78.33 	of the persons who, at the time the resolutions required by this subdivision are adopted, are 
79.1 	exercising the powers of directors under claim and color of an election or appointment as 
79.2 	such may adopt resolutions stating:
79.3 	(1) the name of the person or persons who first took action in the name of the corporation 
79.4 	as the first board;
79.5 	(2) the earlier of the date on which the persons first took the action or were purported 
79.6 	to have been elected as the first board; and
79.7 	(3) that the ratification of the election of the person or persons as the first board is 
79.8 	approved.
79.9 		Subd. 4.Shareholder approval; when required. A defective corporate act ratified 
79.10 	under subdivision 2 must be submitted to shareholders for approval under subdivision 5, 
79.11 	unless:
79.12 	(1)(i) no other provision of this chapter, and no provision of the articles or bylaws, or 
79.13 	of any plan or agreement to which the corporation is a party, requires shareholder approval 
79.14 	of the defective corporate act to be ratified, either at the time of the defective corporate act 
79.15 	or at the time the board adopts the resolutions ratifying the defective corporate act under 
79.16 	subdivision 2, and (ii) the defective corporate act did not result from a failure to comply 
79.17 	with section 302A.673; or
79.18 	(2) as of the adoption of the resolutions of the board under subdivision 2, there are no 
79.19 	valid shares outstanding and entitled to vote thereon, regardless of whether there then exist 
79.20 	any putative shares.
79.21 		Subd. 5.Shareholder approval; process. (a) If the ratification of a defective corporate 
79.22 	act must be submitted to shareholders for approval under subdivision 4, notice of the meeting 
79.23 	must be given in the manner set forth in section 302A.435 to each holder of valid shares 
79.24 	and putative shares, whether voting or nonvoting.
79.25 	(b) The notice under this subdivision must be given as follows:
79.26 	(1) in the case of a defective corporate act that did not involve the establishment of a 
79.27 	record date for notice of or voting at any meeting of shareholders, for written action of 
79.28 	shareholders in lieu of a meeting, or for any other purpose, to the shareholders of valid 
79.29 	shares and putative shares, whether voting or nonvoting, as of the time of the defective 
79.30 	corporate act, other than holders whose identities or addresses cannot be determined from 
79.31 	the corporation's records; or
79.32 	(2) in the case of a defective corporate act that involved the establishment of a record 
79.33 	date for notice of or voting at any meeting of shareholders, for written action of shareholders 
80.1 	in lieu of a meeting, or for any other purpose, to the shareholders of valid shares and putative 
80.2 	shares, whether voting or nonvoting, as of the record date for notice of or voting at the 
80.3 	meeting, the record date for written action, or the record date for the other action, as the 
80.4 	case may be, other than holders whose identities or addresses cannot be determined from 
80.5 	the corporation's records.
80.6 	(c) The notice must contain a copy of the resolutions adopted by the board under 
80.7 	subdivision 2 or the information required by subdivision 2, paragraph (a), clauses (1) to (5). 
80.8 	The notice must include a statement that any claim that the defective corporate act or putative 
80.9 	shares ratified under this section is void or voidable due to the failure of authorization, or 
80.10 	that a court should declare in the court's discretion that a ratification in accordance with this 
80.11 	section is not effective or is effective only on certain conditions, must be brought within 
80.12 	120 days from the applicable validation effective time.
80.13 	(d) At the meeting, the quorum and voting requirements that apply to ratification of the 
80.14 	defective corporate act must be the same quorum and voting requirements that apply to the 
80.15 	type of defective corporate act proposed to be ratified at the time of the approval of the 
80.16 	ratification, except that:
80.17 	(1) if the articles or bylaws, a plan or agreement to which the corporation was a party, 
80.18 	or a provision under this chapter in effect as of the time of the defective corporate act requires 
80.19 	a larger number or portion of shares or of any class or series thereof or of specified 
80.20 	shareholders for a quorum to be present or to approve the defective corporate act, the presence 
80.21 	or approval of the larger number or portion of stock or of the class or series thereof or of 
80.22 	the specified shareholders must be required for a quorum to be present or to approve the 
80.23 	ratification of the defective corporate act, as applicable; except that the presence or approval 
80.24 	of shares of any class or series of which no shares are outstanding at the time of the approval 
80.25 	of the ratification, or of any person that is no longer a shareholder at the time of the approval 
80.26 	of the ratification, is not required; and
80.27 	(2) the approval by shareholders of the ratification of a director's election requires the 
80.28 	affirmative vote of a plurality of shares present at the meeting and entitled to vote on the 
80.29 	election of the director in the manner set forth in section 302A.215, except that, if the articles 
80.30 	or bylaws then in effect or in effect at the time of the defective election require or required 
80.31 	a larger number or portion of shares or of any class or series thereof or of specified 
80.32 	shareholders to elect the director, the affirmative vote of the larger number or portion of 
80.33 	shares or of any class or series thereof or of the specified shareholders must be required to 
80.34 	ratify the election of the director; except that the presence or approval of shares of any class 
80.35 	or series of which no shares are outstanding at the time of the approval of the ratification, 
81.1 	or of any person that is no longer a shareholder at the time of the approval of the ratification, 
81.2 	is not required.
81.3 	(e) Putative shares, measured as of the adoption by the board of resolutions under 
81.4 	subdivision 2 and without giving effect to any ratification that becomes effective after the 
81.5 	adoption, are neither entitled to vote nor counted for quorum purposes in a vote to ratify a 
81.6 	defective corporate act.
81.7 		Subd. 6.Certificate of validation. (a) If a defective corporate act ratified under this 
81.8 	section requires under any other section of this chapter a certificate to be filed with the 
81.9 	secretary of state, and either (1) the certificate requires any change to give effect to the 
81.10 	defective corporate act in accordance with this section, including a change to the date and 
81.11 	time of the effectiveness of the certificate, or (2) a certificate was not previously filed with 
81.12 	respect to the defective corporate act, the corporation must file with the secretary of state 
81.13 	a certificate of validation with respect to the defective corporate act in lieu of filing the 
81.14 	certificate otherwise required by this chapter.
81.15 	(b) A separate certificate of validation is required for each defective corporate act that 
81.16 	requires the filing of a certificate of validation under this section, except that (1) two or 
81.17 	more defective corporate acts may be included in a single certificate of validation if the 
81.18 	corporation filed with the secretary of state, or to comply with this chapter would have filed 
81.19 	with the secretary of state, a single certificate under another provision of this chapter to 
81.20 	effect the acts, and (2) two or more overissues of shares, or of any class or series of shares, 
81.21 	may be included in a single certificate of validation; provided that the increase in the number 
81.22 	of authorized shares, or of each class or series, set forth in the certificate of validation is 
81.23 	effective on the date of the first overissue.
81.24 	(c) The certificate of validation must set forth:
81.25 	(1) that the corporation has ratified one or more defective corporate acts that would have 
81.26 	required filing with the secretary of state of a certificate under this chapter;
81.27 	(2) that each defective corporate act has been ratified in accordance with this section; 
81.28 	and
81.29 	(3) the following information:
81.30 	(i) if a certificate was previously filed with the secretary of state under this chapter with 
81.31 	respect to the defective corporate act and the certificate requires any change to give effect 
81.32 	to the defective corporate act in accordance with this section, including a change to the date 
81.33 	and time of the effectiveness of the certificate, the certificate of validation must set forth:
82.1 	(A) the name, title, and filing date of the certificate previously filed and any certificate 
82.2 	of correction to the certificate previously filed;
82.3 	(B) a statement that a certificate containing all of the information that must be included 
82.4 	under the applicable section or sections of this chapter to give effect to the defective corporate 
82.5 	act is attached as an exhibit to the certificate of validation; and
82.6 	(C) the date and time that the certificate is deemed effective pursuant to this section; or
82.7 	(ii) if a certificate was not previously filed with the secretary of state under this chapter 
82.8 	in respect of the defective corporate act and the defective corporate act ratified pursuant to 
82.9 	this section would have required under any other section of this chapter the filing with the 
82.10 	secretary of state of a certificate, the certificate of validation shall set forth:
82.11 	(A) a statement that a certificate containing all of the information required to be included 
82.12 	under the applicable section or sections of this chapter to give effect to the defective corporate 
82.13 	act is attached as an exhibit to the certificate of validation; and
82.14 	(B) the date and time that the certificate shall be deemed to have become effective 
82.15 	pursuant to this section.
82.16 	(d) A certificate attached to a certificate of validation need not be separately executed 
82.17 	and acknowledged and need not include a statement required by another section under this 
82.18 	chapter that the instrument has been approved and adopted in accordance with the provisions 
82.19 	of the other section under this chapter.
82.20 		Subd. 7.Retroactive effect. From and after the validation effective time, unless otherwise 
82.21 	determined in an action brought pursuant to section 302A.167, subject to subdivision 5, 
82.22 	paragraph (e):
82.23 	(1) each defective corporate act ratified in accordance with this section is no longer 
82.24 	deemed void or voidable as a result of the failure of authorization described in the resolutions 
82.25 	adopted under subdivision 2, effective retroactively from the time of the defective corporate 
82.26 	act; and
82.27 	(2) each share or fraction of a share of putative shares issued or purportedly issued 
82.28 	pursuant to the defective corporate act is no longer deemed void or voidable, and is deemed 
82.29 	to be an identical outstanding share or fraction of an outstanding share as of the time the 
82.30 	share or fraction of a share was purportedly issued.
82.31 		Subd. 8.Postratification notice. (a) Except as provided under paragraph (b), with respect 
82.32 	to each defective corporate act ratified by the board under subdivision 2 or subdivision 3, 
82.33 	prompt notice of the ratification must be given to all shareholders of valid shares and putative 
83.1 	shares, whether voting or nonvoting, as of the date the board adopts the resolutions approving 
83.2 	the defective corporate act, or as of a date within 60 days after the date of adoption, as 
83.3 	established by the board. The notice must be sent to the address of the holder as the address 
83.4 	appears or most recently appeared, as appropriate, on the corporation's records. The notice 
83.5 	must be given to the shareholders of valid shares and putative shares, whether voting or 
83.6 	nonvoting, as of the time of the defective corporate act, other than holders whose identities 
83.7 	or addresses cannot be determined from the records of the corporation. The notice must 
83.8 	contain a copy of the resolutions adopted under subdivision 2 or the information specified 
83.9 	under subdivision 2, paragraph (a), clauses (1) to (5), or subdivision 3, clauses (1) to (3), 
83.10 	as applicable, and a statement that any claim that the defective corporate act or putative 
83.11 	shares ratified under this section is void or voidable due to the failure of authorization, or 
83.12 	that a court should declare in the court's discretion that a ratification in accordance with this 
83.13 	section is not effective or is effective only on certain conditions, must be brought within 
83.14 	120 days from the latter of the validation effective time or the time at which the notice 
83.15 	required by this subdivision is given.
83.16 	(b) Notice is not required if notice of the ratification of the defective corporate act is 
83.17 	given in accordance with subdivision 5 and, in the case of a corporation that has a class of 
83.18 	shares listed on a national securities exchange, the notice required by this subdivision and 
83.19 	subdivision 5 may be deemed given if disclosed in a document publicly filed by the 
83.20 	corporation with the Securities and Exchange Commission pursuant to section 13, 14, or 
83.21 	15(d) of the Securities Exchange Act of 1934, as amended, United States Code, title 15, 
83.22 	section 78a, et seq., and rules and regulations promulgated under the Securities Exchange 
83.23 	Act of 1934, as amended, or the corresponding provisions of any subsequent United States 
83.24 	securities laws, rules, or regulations.
83.25 	(c) If a defective corporate act has been approved by shareholders acting pursuant to 
83.26 	section 302A.441, the notice required by this subdivision may be included in a notice 
83.27 	required under section 302A.441, subdivision 3. If the notice is given under section 
83.28 	302A.441, the notice must be sent to the shareholders entitled to the notice under section 
83.29 	302A.441, subdivision 3, and to all holders of valid shares and putative shares to whom 
83.30 	notice is required under this subdivision if the defective corporate act had been approved 
83.31 	at a meeting and the record date for determining the shareholders entitled to notice of the 
83.32 	meeting had been the date for determining the shareholders entitled to notice under paragraph 
83.33 	(a) other than any shareholder who approved the written action in lieu of a meeting under 
83.34 	section 302A.441 or any holder of putative shares who otherwise consented thereto in 
83.35 	writing.
84.1 	(d) For purposes of this subdivision and subdivision 5 only, notice to holders of putative 
84.2 	shares, and notice to holders of valid shares and putative shares as of the time of the defective 
84.3 	corporate act, is treated as notice to holders of valid shares for purposes of sections 302A.435 
84.4 	and 302A.441.

84.5 	Sec. 13. [302A.167] VALIDITY OF DEFECTIVE CORPORATE ACTS AND 
84.6 	SHARES; PROCEEDINGS.
84.7 		Subdivision 1.When permitted. Subject to subdivision 5, upon application by the 
84.8 	corporation, a successor entity to the corporation, a member of the board, a shareholder or 
84.9 	beneficial owner of valid shares or putative shares, a shareholder or beneficial owner of 
84.10 	valid shares or putative shares as of the time of a defective corporate act ratified pursuant 
84.11 	to section 302A.166, or other person claiming to be substantially and adversely affected by 
84.12 	a ratification pursuant to section 302A.166, a court may:
84.13 	(1) determine the validity and effectiveness of any defective corporate act ratified pursuant 
84.14 	to section 302A.166;
84.15 	(2) determine the validity and effectiveness of the ratification of any defective corporate 
84.16 	act pursuant to section 302A.166;
84.17 	(3) determine the validity and effectiveness of any defective corporate act not ratified 
84.18 	or not ratified effectively pursuant to section 302A.166;
84.19 	(4) determine the validity of any corporate act or transaction and any shares or rights to 
84.20 	purchase; and
84.21 	(5) modify or waive any of the procedures set forth in section 302A.166 to ratify a 
84.22 	defective corporate act.
84.23 		Subd. 2.Remedies. In connection with an action under this section, a court may:
84.24 	(1) declare that a ratification under section 302A.166 is not effective or is only effective 
84.25 	at a time or upon conditions established by the court;
84.26 	(2) validate and declare effective a defective corporate act or putative shares and impose 
84.27 	conditions upon the court's validation;
84.28 	(3) require measures to remedy or avoid harm to a person substantially and adversely 
84.29 	affected by a ratification under section 302A.166 or from a court order pursuant to this 
84.30 	section, excluding harm that would have resulted if the defective corporate act had been 
84.31 	valid when approved or effectuated;
85.1 	(4) order the secretary of state to accept an instrument for filing with an effective time 
85.2 	specified by the court, which may be before or after the time of the order, provided that the 
85.3 	filing date of the instrument must be determined in accordance with section 302A.011, 
85.4 	subdivision 11;
85.5 	(5) approve a share register for the corporation that includes any shares ratified or 
85.6 	validated in accordance with this section or section 302A.166;
85.7 	(6) declare that putative shares are valid shares or require a corporation to issue and 
85.8 	deliver valid shares in place of any putative shares;
85.9 	(7) order a meeting of holders of valid shares or putative shares and determine the right 
85.10 	and power of persons claiming to hold valid shares or putative shares to vote at the ordered 
85.11 	meeting;
85.12 	(8) declare that a defective corporate act validated by a court is effective as of the time 
85.13 	of the defective corporate act or at another time the court may determine;
85.14 	(9) declare that putative shares validated by a court shall be deemed to be an identical 
85.15 	share or fraction of a valid share as of the time originally issued or purportedly issued or at 
85.16 	such other time as the court may determine; and
85.17 	(10) make other orders regarding matters as the court deems proper under the 
85.18 	circumstances.
85.19 		Subd. 3.Service. Service of the application under subdivision 1 upon the registered 
85.20 	agent of the corporation is deemed to be service upon the corporation, and no other party 
85.21 	needs to be joined in order for a court to adjudicate the matter. In an action filed by the 
85.22 	corporation, a court may require notice of the action be provided to other persons specified 
85.23 	by the court and permit the other persons to intervene in the action.
85.24 		Subd. 4.Considerations. In connection with resolving matters pursuant to subdivisions 
85.25 	1 and 2, a court may consider the following:
85.26 	(1) whether the defective corporate act was originally approved or effectuated with the 
85.27 	good faith belief that the approval or effectuation was in compliance with the provisions of 
85.28 	this chapter, the articles, or the bylaws;
85.29 	(2) whether the corporation and board have treated the defective corporate act as a valid 
85.30 	act or transaction and whether a person has acted in reliance on the public record that the 
85.31 	defective corporate act was valid;
86.1 	(3) whether any person may be or was harmed by the ratification or validation of the 
86.2 	defective corporate act, excluding harm that would have resulted if the defective corporate 
86.3 	act had been valid when approved or effectuated;
86.4 	(4) whether any person is harmed by the failure to ratify or validate the defective corporate 
86.5 	act; and
86.6 	(5) any other factors or considerations the court deems just and equitable.
86.7 		Subd. 5.Statute of limitations. An action asserting that (1) a defective corporate act or 
86.8 	putative shares ratified in accordance with section 302A.166 is void or voidable due to a 
86.9 	failure of authorization identified in the resolution adopted in accordance with section 
86.10 	302A.166, subdivision 2 or 3, or (2) a court should declare in its discretion that a ratification 
86.11 	in accordance with section 302A.166 not be effective or be effective only on certain 
86.12 	conditions, is prohibited from being brought after the expiration of 120 days from the later 
86.13 	of the validation effective time and the time notice, if any, that is required to be given 
86.14 	pursuant to section 302A.166, subdivision 8, is given with respect to the ratification; except 
86.15 	that this subdivision does not apply to an action asserting that a ratification was not 
86.16 	accomplished in accordance with section 302A.166 or to any person to whom notice of the 
86.17 	ratification was required to have been given pursuant to 302A.166, subdivision 5 or 8, but 
86.18 	to whom the notice was not given.

86.19 	Sec. 14. Minnesota Statutes 2024, section 302A.181, is amended by adding a subdivision 
86.20 	to read:
86.21 		Subd. 4.Emergency bylaws. (a) Unless the articles provide otherwise, bylaws may 
86.22 	contain provisions that are effective only during an emergency. The emergency bylaws may 
86.23 	contain provisions necessary to manage the corporation during the emergency, including:
86.24 	(1) procedures for calling a meeting of the board;
86.25 	(2) quorum requirements for the meeting;
86.26 	(3) designation of additional or substitute directors; and
86.27 	(4) procedures for the board to determine the duration of an emergency.
86.28 	(b) All provisions of the regular bylaws that are not inconsistent with the emergency 
86.29 	bylaws remain effective during the emergency.
86.30 	(c) Corporate action taken in good faith in accordance with the emergency bylaws binds 
86.31 	the corporation.

87.1 	Sec. 15. Minnesota Statutes 2024, section 302A.201, subdivision 1, is amended to read:
87.2 		Subdivision 1.Board to manage. The business and affairs of a corporation shall be 
87.3 	managed by or under the direction of a board, subject to the provisions of subdivision 2 and 
87.4 	section 302A.457, and except as may be otherwise provided in the articles. If a provision 
87.5 	is made in the articles: (1) the powers and duties conferred or imposed upon the board of 
87.6 	directors by this chapter must be exercised or performed to the extent and by the natural 
87.7 	persons provided in the articles, (2) the directors have no duties, liabilities, or responsibilities 
87.8 	as directors under this chapter with respect to or arising from the exercise or performance 
87.9 	of, or from the failure to exercise or perform, the conferred or imposed powers and duties 
87.10 	by the other persons, and (3) the other persons have all of the duties, liabilities, and 
87.11 	responsibilities of directors under this chapter with respect to and arising from the exercise 
87.12 	or performance of, or the failure to exercise or perform, the conferred or imposed powers 
87.13 	and duties. The members of the first board may be named in the articles or elected by the 
87.14 	incorporators pursuant to section 302A.171 or by the shareholders.

87.15 	Sec. 16. Minnesota Statutes 2024, section 302A.237, is amended by adding a subdivision 
87.16 	to read:
87.17 		Subd. 3.Agreements and other instruments; authorization. When this chapter requires 
87.18 	the board to approve or to take other action with respect to an agreement, instrument, plan, 
87.19 	or document, the agreement, instrument, plan, or document may be approved by the board 
87.20 	in final form or in substantially final form. If the board acts to approve or take other action 
87.21 	with respect to an agreement, instrument, plan, or document that this chapter requires to be 
87.22 	filed with the secretary of state or referenced in any certificate filed, the board may, at any 
87.23 	time after providing the approval or taking other action and prior to the effectiveness of the 
87.24 	filing with the secretary of state, adopt a resolution ratifying the agreement, instrument, 
87.25 	plan, or document. The ratification under this subdivision is effective as of the time of the 
87.26 	original approval or other action by the board and to satisfy any requirement under this 
87.27 	chapter that the board approve or take other action with respect to the agreement, instrument, 
87.28 	plan, or document in a specific manner or sequence.

87.29 	Sec. 17. Minnesota Statutes 2024, section 302A.361, is amended to read:
87.30 	302A.361 STANDARD OF CONDUCT.
87.31 		Subdivision 1.Standard; liability. An officer shall discharge the duties of an office in 
87.32 	good faith, in a manner the officer reasonably believes to be in the best interests of the 
87.33 	corporation, and with the care an ordinarily prudent person in a like position would exercise 
88.1 	under similar circumstances. A person who so performs those duties is not liable by reason 
88.2 	of being or having been an officer of the corporation. A person exercising the principal 
88.3 	functions of an office or to whom some or all of the duties and powers of an office are 
88.4 	delegated pursuant to section 302A.351 is deemed an officer for purposes of this section 
88.5 	and sections 302A.467 and 302A.521.
88.6 		Subd. 2.Liability; elimination or limitation. The articles of a corporation may provide 
88.7 	that an officer's personal liability to the shareholders for monetary damages for breach, 
88.8 	during the time the corporation is a publicly held corporation, of fiduciary duty as an officer 
88.9 	may be eliminated or limited. The articles must not eliminate or limit the liability of an 
88.10 	officer:
88.11 	(1) for any breach of the officer's duty of loyalty to the corporation or the corporation's 
88.12 	shareholders;
88.13 	(2) for acts or omissions not in good faith or that involve intentional misconduct or a 
88.14 	knowing violation of law;
88.15 	(3) under section 80A.76;
88.16 	(4) for any transaction from which the officer derived an improper personal benefit;
88.17 	(5) in any action by or in the right of the corporation; or
88.18 	(6) for any act or omission occurring prior to the date when the provision in the articles 
88.19 	eliminating or limiting liability becomes effective.

88.20 	Sec. 18. Minnesota Statutes 2024, section 302A.461, subdivision 4, is amended to read:
88.21 		Subd. 4.Right to inspect. (a) A shareholder, beneficial owner, or a holder of a voting 
88.22 	trust certificate of a corporation that is not a publicly held corporation has an absolute right, 
88.23 	upon written demand, to examine and copy, in person or by a legal representative, at any 
88.24 	reasonable time, and the corporation shall make available within ten days after receipt by 
88.25 	an officer of the corporation of the written demand:
88.26 	(1) the share register; and
88.27 	(2) all documents referred to in subdivision 2.
88.28 	(b) A shareholder, beneficial owner, or a holder of a voting trust certificate of a 
88.29 	corporation that is not a publicly held corporation has a right, upon written demand, to 
88.30 	examine and copy, in person or by a legal representative, other corporate records at any 
88.31 	reasonable time only if the shareholder, beneficial owner, or holder of a voting trust certificate 
88.32 	demonstrates a proper purpose for the examination.
89.1 	(c) A shareholder, beneficial owner, or a holder of a voting trust certificate of a publicly 
89.2 	held corporation has, upon written demand stating the purpose and acknowledged or verified 
89.3 	in the manner provided in chapter 358, a right at any reasonable time to examine and copy 
89.4 	the corporation's share register and other corporate records reasonably related to the stated 
89.5 	purpose and described with reasonable particularity in the written demand upon 
89.6 	demonstrating the stated purpose to be a proper purpose. The acknowledged or verified 
89.7 	demand must be directed to the corporation at its registered office in this state or at its 
89.8 	principal place of business.
89.9 	(d) For purposes of this section, a "proper purpose" is one reasonably related to the 
89.10 	person's interest as a shareholder, beneficial owner, or holder of a voting trust certificate of 
89.11 	the corporation.
89.12 	(e) If a corporation or an officer or director of the corporation violates this section, a 
89.13 	court in Minnesota may, in an action brought by a shareholder, beneficial owner, or a holder 
89.14 	of a voting trust certificate of the corporation, specifically enforce this section and award 
89.15 	expenses, including attorney fees and disbursements, to the shareholder, beneficial owner, 
89.16 	or a holder of a voting trust certificate.

89.17 	Sec. 19. Minnesota Statutes 2024, section 302A.471, subdivision 1, is amended to read:
89.18 		Subdivision 1.Actions creating rights. A shareholder of a corporation may dissent 
89.19 	from, and obtain payment for the fair value of the shareholder's shares in the event of, any 
89.20 	of the following corporate actions:
89.21 	(a) unless otherwise provided in the articles, an amendment of the articles that materially 
89.22 	and adversely affects the rights or preferences of the shares of the dissenting shareholder 
89.23 	in that it:
89.24 	(1) alters or abolishes a preferential right of the shares;
89.25 	(2) creates, alters, or abolishes a right in respect of the redemption of the shares, including 
89.26 	a provision respecting a sinking fund for the redemption or repurchase of the shares;
89.27 	(3) alters or abolishes a preemptive right of the holder of the shares to acquire shares, 
89.28 	securities other than shares, or rights to purchase shares or securities other than shares;
89.29 	(4) excludes or limits the right of a shareholder to vote on a matter, or to cumulate votes, 
89.30 	except as the right may be excluded or limited through the authorization or issuance of 
89.31 	securities of an existing or new class or series with similar or different voting rights; except 
89.32 	that an amendment to the articles of an issuing public corporation that provides that section 
90.1 	302A.671 does not apply to a control share acquisition does not give rise to the right to 
90.2 	obtain payment under this section; or
90.3 	(5) eliminates the right to obtain payment under this subdivision; or
90.4 	(6) pursuant to section 302A.201, subdivision 1, diminishes or abolishes the board's 
90.5 	right to manage, or to direct the management of, the corporation's business and affairs;
90.6 	(b) a sale, lease, transfer, or other disposition of property and assets of the corporation 
90.7 	that requires shareholder approval under section 302A.661, subdivision 2, but not including 
90.8 	a disposition in dissolution described in section 302A.725, subdivision 2, or a disposition 
90.9 	pursuant to an order of a court, or a disposition for cash on terms requiring that all or 
90.10 	substantially all of the net proceeds of disposition be distributed to the shareholders in 
90.11 	accordance with their respective interests within one year after the date of disposition;
90.12 	(c) a plan of merger, whether under this chapter or under chapter 322C, to which the 
90.13 	corporation is a constituent organization, except as provided in subdivision 3, and except 
90.14 	for a plan of merger adopted under section 302A.626;
90.15 	(d) a plan of exchange, whether under this chapter or under chapter 322C, to which the 
90.16 	corporation is a party as the corporation whose shares will be acquired by the acquiring 
90.17 	organization, except as provided in subdivision 3;
90.18 	(e) a plan of conversion is adopted by the corporation and becomes effective;
90.19 	(f) an amendment of the articles in connection with a combination of a class or series 
90.20 	under section 302A.402 that reduces the number of shares of the class or series owned by 
90.21 	the shareholder to a fraction of a share if the corporation exercises its right to repurchase 
90.22 	the fractional share so created under section 302A.423; or
90.23 	(g) any other corporate action taken pursuant to a shareholder vote with respect to which 
90.24 	the articles, the bylaws, or a resolution approved by the board directs that dissenting 
90.25 	shareholders may obtain payment for their shares.

90.26 	Sec. 20. Minnesota Statutes 2024, section 302A.471, subdivision 3, is amended to read:
90.27 		Subd. 3.Rights not to apply. (a) Unless the articles, the bylaws, or a resolution approved 
90.28 	by the board otherwise provide, the right to obtain payment under this section does not 
90.29 	apply to a shareholder of (1) the surviving corporation in a merger with respect to shares 
90.30 	of the shareholder that are not entitled to be voted on the merger and are not canceled or 
90.31 	exchanged in the merger or (2) the corporation whose shares will be acquired by the acquiring 
91.1 	organization in a plan of exchange with respect to shares of the shareholder that are not 
91.2 	entitled to be voted on the plan of exchange and are not exchanged in the plan of exchange.
91.3 	(b) If a date is fixed according to section 302A.445, subdivision 1, for the determination 
91.4 	of shareholders entitled to receive notice of and to vote on an action described in subdivision 
91.5 	1, only shareholders as of the date fixed, and beneficial owners as of the date fixed who 
91.6 	hold through shareholders, as provided in subdivision 2, may exercise dissenters' rights.
91.7 	(c) Notwithstanding subdivision 1, the right to obtain payment under this section, other 
91.8 	than in connection with a plan of merger adopted under section 302A.613, subdivision 4, 
91.9 	or 302A.621, is limited in accordance with the following provisions:
91.10 	(1) The right to obtain payment under this section is not available for the holders of 
91.11 	shares of any class or series of shares that is listed on the New York Stock Exchange, NYSE 
91.12 	MKT LLC, the Nasdaq Global Market, the NASDAQ Global Select Market, the Nasdaq 
91.13 	Capital Market, or any successor to any such market any national securities exchange 
91.14 	registered with the United States Securities and Exchange Commission under Section 6 of 
91.15 	the Securities Exchange Act of 1934, United States Code, title 15, section 78a, et seq.
91.16 	(2) The applicability of clause (1) is determined as of:
91.17 	(i) the record date fixed to determine the shareholders entitled to receive notice of, and 
91.18 	to vote at, the meeting of shareholders to act upon the corporate action described in 
91.19 	subdivision 1; or
91.20 	(ii) the day before the effective date of corporate action described in subdivision 1 if 
91.21 	there is no meeting of shareholders.
91.22 	(3) Clause (1) is not applicable, and the right to obtain payment under this section is 
91.23 	available pursuant to subdivision 1, for the holders of any class or series of shares who are 
91.24 	required by the terms of the corporate action described in subdivision 1 to accept for such 
91.25 	shares anything other than shares, or cash in lieu of fractional shares, of any class or any 
91.26 	series of shares of a domestic or foreign corporation, or any other ownership interest of any 
91.27 	other organization, that satisfies the standards set forth in clause (1) at the time the corporate 
91.28 	action becomes effective.

91.29 	Sec. 21. Minnesota Statutes 2024, section 302A.611, is amended by adding a subdivision 
91.30 	to read:
91.31 		Subd. 1a.Additional remedies; shareholder representatives. A plan of merger or 
91.32 	exchange may provide:
92.1 	(1) that: (i) a party to the plan that fails to perform the party's obligations under the plan 
92.2 	in accordance with the terms and conditions of the plan, or that otherwise fails to comply 
92.3 	with the terms and conditions of the plan, in each case required to be performed or complied 
92.4 	with prior to the time the merger or exchange becomes effective, or that otherwise fails to 
92.5 	consummate, or fails to cause the consummation of, the merger or exchange, whether prior 
92.6 	to a specified date, upon satisfaction or, to the extent permitted by law, waiver of all 
92.7 	conditions to consummation set forth in the plan or otherwise, is subject, in addition to any 
92.8 	other remedies available at law or in equity, to penalties or consequences set forth in the 
92.9 	plan of merger or exchange, which may include an obligation to pay to the other party or 
92.10 	parties to the plan an amount representing or based on the loss of any premium or other 
92.11 	economic entitlement the shareholders or holders of rights to purchase of the other party 
92.12 	would be entitled to receive pursuant to the terms of the plan if the merger or exchange 
92.13 	were consummated in accordance with the terms of the plan; and (ii) if, pursuant to the 
92.14 	terms of the plan of merger or exchange, the corporation is entitled to receive payment from 
92.15 	another party to the plan of any amount representing a penalty or consequence, the 
92.16 	corporation is entitled to enforce the other party's payment obligation and upon receipt of 
92.17 	a payment is entitled to retain the amount of the payment received; or
92.18 	(2)(i) for the appointment, at or after the time at which the plan of merger or exchange 
92.19 	is approved by the shareholders of the corporation in accordance with the requirements of 
92.20 	this chapter, of one or more persons, which may include the surviving or resulting 
92.21 	organization or any officer, representative, or agent of the surviving or resulting organization, 
92.22 	as representative of the shareholders or the holders of rights to purchase of the corporation, 
92.23 	including the shareholders and holders whose shares or rights to purchase must be canceled, 
92.24 	converted, or exchanged in the merger or exchange and for the delegation to the person or 
92.25 	persons of the sole and exclusive authority to take action and bring claims on behalf of the 
92.26 	shareholders and the holders pursuant to the plan, including taking actions and bringing 
92.27 	claims, including by entering into settlements, as the representative determines to enforce 
92.28 	the rights of the shareholders and holders under the plan of merger or exchange, on the 
92.29 	terms and subject to the conditions set forth in the plan; (ii) that an appointment is irrevocable 
92.30 	and binding on all shareholders and holders from and after the approval of the plan of merger 
92.31 	or exchange by the requisite vote of shareholders pursuant to this chapter; and (iii) that a 
92.32 	provision adopted pursuant to this clause may not be amended after the merger or exchange 
92.33 	has become effective or may be amended only with the consent or approval of persons 
92.34 	specified in the plan of merger or exchange.

93.1 	ARTICLE 7
93.2 	GARNISHMENT FORMS

93.3 	Section 1. Minnesota Statutes 2024, section 550.136, subdivision 6, is amended to read:
93.4 		Subd. 6.Earnings exemption notice. Before the first levy on earnings under this chapter, 
93.5 	the judgment creditor shall serve upon the judgment debtor no less than ten days before the 
93.6 	service of the writ of execution, a notice that the writ of execution may be served on the 
93.7 	judgment debtor's employer. The notice must: (1) be substantially in the form set forth 
93.8 	below; (2) be served personally, in the manner of a summons and complaint, or by first 
93.9 	class mail to the last known address of the judgment debtor; (3) inform the judgment debtor 
93.10 	that an execution levy may be served on the judgment debtor's employer in ten days, and 
93.11 	that the judgment debtor may, within that time, cause to be served on the judgment creditor 
93.12 	a signed statement under penalties of perjury asserting an entitlement to an exemption from 
93.13 	execution; (4) inform the judgment debtor of the earnings exemptions contained in section 
93.14 	550.37, subdivision 14; and (5) advise the judgment debtor of the relief set forth in this 
93.15 	chapter to which the debtor may be entitled if a judgment creditor in bad faith disregards a 
93.16 	valid claim and the fee, costs, and penalty that may be assessed against a judgment debtor 
93.17 	who in bad faith falsely claims an exemption or in bad faith takes action to frustrate the 
93.18 	execution process. The notice requirement of this subdivision does not apply to a levy on 
93.19 	earnings being retained by an employer pursuant to a garnishment previously served in 
93.20 	compliance with chapter 571.
93.21 	The ten-day notice informing a judgment debtor that a writ of execution may be used 
93.22 	to levy the earnings of an individual must be substantially in the following form:

93.23	STATE OF MINNESOTA
		DISTRICT COURT
	
93.24	COUNTY OF ........
		........ JUDICIAL DISTRICT
	
93.25	........ (Judgment Creditor)
			
93.26	against
		EXECUTION EXEMPTION
	
93.27	........ (Judgment Debtor)
		NOTICE AND NOTICE OF INTENT TO
	
93.28	and
		LEVY ON EARNINGS
	
93.29	........ (Third Party)

93.30	State of Minnesota
		District Court
	
93.31	County of: ........
		Judicial District: ........
	
93.32			Court File Number: ........
	
93.33			Case Type: ........
	
93.34	Creditor's full name
			
93.35	........
		Execution Exemption
	
94.1	against
		Notice and Notice of
	
94.2	Debtor's full name
		Intent to Levy on Earnings
	
94.3	........
			
94.4	and
			
94.5	Third Party (bank, employer, or other)
			
94.6	........
			
94.7 	PLEASE TAKE NOTICE that a levy may be served upon your employer or other third 
94.8 	parties, without any further court proceedings or notice to you, ten days or more from the 
94.9 	date hereof. Your earnings are completely exempt from execution levy if you are now a 
94.10 	recipient of relief based on need, if you have been a recipient of relief within the last six 
94.11 	months, or if you have been an inmate of a correctional institution in the last six months.
94.12 	Relief based on need includes Minnesota Family Investment Program (MFIP), Emergency 
94.13 	Assistance (EA), Work First, Medical Assistance (MA), General Assistance (GA), Emergency 
94.14 	General Assistance (EGA), Minnesota Supplemental Aid (MSA), MSA Emergency 
94.15 	Assistance (MSA-EA), Supplemental Security Income (SSI), and Energy Assistance.
94.16 	If you wish to claim an exemption, you should fill out the appropriate form below, sign 
94.17 	it, and send it to the judgment creditor's attorney.
94.18 	You may wish to contact the attorney for the judgment creditor in order to arrange for 
94.19 	a settlement of the debt or contact an attorney to advise you about exemptions or other 
94.20 	rights.
94.21 	Notice: A levy may be served on your employer or other third parties. A levy means 
94.22 	that part of your earnings can be taken to pay off debts that you owe. This can happen 
94.23 	in 10 days or more after you get this notice. This can happen without any other court action 
94.24 	or notice to you. But some of your money may be protected.
94.25 	Your earnings cannot be taken if:
94.26 	(i) you are getting government assistance based on need,
94.27 	(ii) you got any government assistance based on need in the last 6 months, or
94.28 	(iii) you were an inmate of a correctional institution in the last 6 months.
94.29 	These are called exemptions. Your money is NOT protected unless you fill out the 
94.30 	Exemption Claim Notice attached and send it back to the creditor or the creditor's 
94.31 	lawyer. If you are not sure if you have any exemptions, talk to a lawyer.
94.32 	You can also contact the creditor or their lawyer to talk about a settlement of the debt.
95.1 	Examples of government assistance based on need:
95.2 	(i) MFIP - Minnesota Family Investment Program
95.3 	(ii) DWP - MFIP Diversionary Work Program
95.4 	(iii) SNAP - Supplemental Nutrition Assistance Program
95.5 	(iv) GA - General Assistance
95.6 	(v) EGA - Emergency General Assistance
95.7 	(vi) MSA - Minnesota Supplemental Aid
95.8 	(vii) MSA-EA - MSA Emergency Assistance
95.9 	(viii) EA - Emergency Assistance
95.10 	(ix) Energy or Fuel Assistance
95.11 	(x) Work Participation Cash Benefit
95.12 	(xi) MA - Medical Assistance
95.13 	(xii) MinnesotaCare
95.14 	(xiii) Medicare Part B - Premium Payments help
95.15 	(xiv) Medicare Part D - Extra
95.16 	(xv) SSI - Supplemental Security Income
95.17 	(xvi) Tax Credits - federal Earned Income Tax Credit (EITC), MN Working family 
95.18 	credit
95.19 	(xvii) Renter's Refund (also called Renter's Property Tax Credit)
95.20 	PENALTIES
95.21 	Warnings and Fines
95.22 	(1) Be advised that Even if you claim an exemption, an execution a levy may still be 
95.23 	served on your employer. If your earnings are levied on they take money from you after 
95.24 	you claim an exemption, you may petition ask the court for a determination of to review
95.25 	your exemption. If the court finds that the judgment creditor disregarded ignored your 
95.26 	claim of exemption in bad faith, you will be are entitled to costs, reasonable attorney
95.27 	lawyer fees, actual damages, and an amount not a fine up to exceed $100. Bad faith is 
95.28 	when someone does something wrong on purpose.
96.1 	(2) HOWEVER, BE WARNED BUT if you claim an exemption, the judgment creditor 
96.2 	can also petition ask the court for a determination of to review your exemption, and. If 
96.3 	the court finds that you claimed an exemption in bad faith, you will be assessed are 
96.4 	charged costs and reasonable attorney's lawyer fees plus an amount not and a fine up to 
96.5 	exceed $100.
96.6 	(3) If after receipt of this notice, you in bad faith take action to frustrate the execution 
96.7 	levy, thus requiring the judgment creditor to petition the court to resolve the problem, 
96.8 	you will be liable to the judgment creditor for costs and reasonable attorney's fees plus 
96.9 	an amount not to exceed $100.
96.10 	(3) If you get this notice, then do something in bad faith to try to block or stop the levy 
96.11 	and the creditor has to take you to court because of it, you will have to pay the creditor's 
96.12 	costs, and reasonable lawyer fees, and a fine up to $100.

96.13	DATED: ........
		........
	
96.14			(Attorney for Judgment Creditor)
	
96.15			........
	
96.16			Address
	
96.17			........
	
96.18			Telephone

96.19	Date: ........
		
96.20	Creditor's Signature: ........
		
96.21	(or creditor's lawyer's signature)

96.22	Creditor's Name: ........
		
96.23	(or creditor's lawyer's name)

96.24	Street Address: ........
		
96.25	City/State/Zip: ........
		
96.26	Phone: ........
	Fax: ........
		
96.27	Email: ........
		
96.28 	JUDGMENTDebtor's Exemption Claim Notice
96.29 	I hereby claim that my earnings are exempt from execution because: (check all that 
96.30 	apply)
96.31 	(1) ... I am presently a recipient of relief getting government assistance based on need. 
96.32 	(Specify State the program, case number if you know it, and the county from which 
96.33 	relief is being received you got it from.)

97.1	........
	........
	........
	
97.2	Program
	Case Number (if known)
	County

97.3	Program: ........
	Case #: ........
	County: ........
	
97.4	Program: ........
	Case #: ........
	County: ........
	
97.5	Program: ........
	Case #: ........
	County: ........
	
97.6 	(2) ... I am not now receiving relief getting assistance based on need right now, but I 
97.7 	have received relief did get government assistance based on need within the last six 6
97.8 	months. (Specify State the program, case number if you know it, and the county you got 
97.9 	it from which relief has been received.)

97.10	........
	........
	........
	
97.11	Program
	Case Number (if known)
	County

97.12	Program: ........
	Case #: ........
	County: ........
	
97.13	Program: ........
	Case #: ........
	County: ........
	
97.14	Program: ........
	Case #: ........
	County: ........
	
97.15 	(3) ... I have been was an inmate of a correctional institution within the last six 6 months. 
97.16 	(Specify State the correctional institution and location.)

97.17	........
	........
	
97.18	Correctional Institution........
	Location........
	
97.19 	I hereby authorize any agency that has distributed relief to me or any correctional 
97.20 	institution in which I was an inmate to disclose to the above-named judgment creditor or 
97.21 	the judgment creditor's attorney only whether or not I am or have been a recipient of relief 
97.22 	based on need or an inmate of a correctional institution within the last six months. I have 
97.23 	mailed or delivered a copy of this form to the judgment creditor or judgment creditor's 
97.24 	attorney.

97.25	........
	........
	
97.26		Debtor
	
97.27		........
	
97.28		Address
	
97.29		........
	
97.30		Debtor Telephone Number
	
97.31 	I give my permission to any agency listed above to give information about my benefits 
97.32 	to the creditor named above, or to the creditor's lawyer. The information will ONLY be if 
97.33 	I get assistance, or if I have gotten assistance in the past 6 months. If I was an inmate in the 
98.1 	last 6 months, I give my permission to the correctional institution to tell the creditor named 
98.2 	above or the creditor's lawyer that I was an inmate there.

98.3	Date: ........
		
98.4	Debtor's Signature: ........
		
98.5	Debtor's Name: ........
		
98.6	Street Address: ........
		
98.7	City/State/Zip: ........
		
98.8	Phone: ........
		
98.9	Email: ........

98.10 	Sec. 2. Minnesota Statutes 2024, section 550.136, subdivision 9, is amended to read:
98.11 		Subd. 9.Execution earnings disclosure form and worksheet. The judgment creditor 
98.12 	shall provide to the sheriff for service upon the judgment debtor's employer an execution 
98.13 	earnings disclosure form and an earnings disclosure worksheet with the writ of execution, 
98.14 	that must be substantially in the form set forth below.

98.15	STATE OF MINNESOTA
			DISTRICT COURT
	
98.16	COUNTY OF ........
			........ JUDICIAL DISTRICT
	
98.17						FILE NO. ........
	
98.18	........
	(Judgment Creditor)
				
98.19	against
					EARNINGS
	
98.20	........
	(Judgment Debtor)
			EXECUTION
	
98.21	and
					DISCLOSURE
	
98.22	........
	(Third Party)

98.23	State of Minnesota
		District Court
	
98.24	County of: ........
		Judicial District: ........
	
98.25			Court File Number: ........
	
98.26			Case Type: ........
	
98.27	Creditor's full name
			
98.28	........
		Earnings Execution Disclosure
	
98.29	and
		For Non-Child Support Judgments
	
98.30	Debtor's full name
			
98.31	........
			
98.32	Third Party (bank, employer, or other)
			
98.33	........
			
99.1 	This form is called an "Earnings Execution Disclosure" or "Disclosure." It is for the 
99.2 	employer to fill out. The "debtor" is the person who owes money. The debtor gets a copy 
99.3 	of this form for their own information.
99.4 	The employer is also called the "third party garnishee" or "third party." The debtor is 
99.5 	also called a "judgment debtor." If the debtor asks how the calculations in this document 
99.6 	were made, the employer must provide information about it.
99.7 	DEFINITIONS
99.8 	"EARNINGS": For the purpose of execution, "earnings" means compensation paid or 
99.9 	payable to an employee for personal services or compensation paid or payable to the producer 
99.10 	for the sale of agricultural products; milk or milk products; or fruit or other horticultural 
99.11 	products produced when the producer is operating a family farm, a family farm corporation, 
99.12 	or an authorized farm corporation, as defined in section 500.24, subdivision 2, whether 
99.13 	denominated as wages, salary, commission, bonus, or otherwise, and includes periodic 
99.14 	payments pursuant to a pension or retirement.
99.15 	"DISPOSABLE EARNINGS": Means that part of the earnings of an individual remaining 
99.16 	after the deduction from those earnings of amounts required by law to be withheld. (Amounts 
99.17 	required by law to be withheld do not include items such as health insurance, charitable 
99.18 	contributions, or other voluntary wage deductions.)
99.19 	"Earnings": what is paid or payable to an employee, independent contractor, or 
99.20 	self-employed person for personal services (a job). Also called compensation. Compensation 
99.21 	can be wages, salary, commission, bonuses, payments, profit-sharing distributions, severance 
99.22 	payment, fees, or other. It includes periodic payments from a pension or retirement. It can 
99.23 	also be compensation paid or payable to a producer for the sale of agricultural products. 
99.24 	This can be things like milk or milk products, or fruit or other horticultural products. Or 
99.25 	things produced in the operation of a family farm, a family farm corporation, or an authorized 
99.26 	farm corporation. This is defined in Minnesota Statutes, section 500.24, subdivision 2.
99.27 	"Disposable Earnings": the part of a person's earnings that are left after subtracting 
99.28 	the amounts required by law to be withheld. Note: Amounts required by law to be withheld 
99.29 	do not include things like health insurance, charitable contributions, or other voluntary wage 
99.30 	deductions.
99.31 	"Payday":For the purpose of execution, "payday(s)" means the date(s) upon which
99.32 	the date when the employer pays earnings to the debtor in the ordinary course of business
99.33 	for doing their job. If the judgment debtor has no regular payday, payday(s) then "payday"
99.34 	means the 15th and the last day of each month.
100.1 	The Third Party/Employer Must Answer The Following Questions:
100.2 	(1) Right now, do you now owe, or within 90 days from the date the execution levy was 
100.3 	served on you, will you or may you owe money to the judgment debtor for earnings?

100.4	Yes .....
	No .....
		
100.5 	(2) Does the judgment debtor earn more than $... per week? (this amount is the greater 
100.6 	of $9.50 per hour or the federal minimum wage per week)
100.7 	(2) Within 90 days from the date you were served with the levy, will you or may you 
100.8 	owe money to the debtor for earnings?

100.9	Yes .....
	No .....
		
100.10 	(3) Does the debtor earn more than the current Minnesota or federal minimum wage per 
100.11 	week? (use the number that is more)

100.12	Yes .....
	No .....
		
100.13 	A. If you answer "No" to question 1, 2, or 3, you don't need to answer the rest of the 
100.14 	questions. You don't have to do the Earnings Disclosure Worksheet. Sign the Earnings 
100.15 	Disclosure Affirmation below and return this disclosure form to the sheriff. You must return 
100.16 	it within 20 days after it was served on you.
100.17 	B. If you answer "Yes" to question 1 or 2, and "Yes" to question 3, sign the Earnings 
100.18 	Disclosure Affirmation below. You must return it to the sheriff within 20 days. You must 
100.19 	also fill out the rest of this form. Read the instructions for the Earnings Disclosure Worksheet.
100.20 	Earnings Disclosure Affirmation
100.21 	I, ................... (person signing Affirmation), am the third party/employer or I am 
100.22 	authorized by the third party/employer to complete this earnings disclosure and have done 
100.23 	so truthfully and to the best of my knowledge.

100.24	Date: ........
		
100.25	Third Party's Name: ........
		
100.26	Third Party's Signature: ........
		
100.27	Phone: ........
	Fax: ........
		
100.28	Email: ........
		
100.29 	Instructions for Completing the Earnings Disclosure Worksheet
100.30 	A. If your answer to either question 1 or 2 is "No," then you must sign the affirmation 
100.31 	below and return this disclosure to the sheriff within 20 days after it was served on you, 
100.32 	and you do not need to answer the remaining questions.
101.1 	B. If your answers to both questions 1 and 2 are "Yes," you must complete this form 
101.2 	and the Earnings Disclosure Worksheet as follows:
101.3 	For each payday that falls within 90 days from the date the execution levy was served 
101.4 	on you, you must calculate the amount of earnings to be retained by completing steps 
101.5 	3 through 11 on page 2, and enter the amounts on the Earnings Disclosure Worksheet. 
101.6 	UPON REQUEST, THE EMPLOYER MUST PROVIDE THE DEBTOR WITH 
101.7 	INFORMATION AS TO HOW THE CALCULATIONS REQUIRED BY THIS 
101.8 	DISCLOSURE WERE MADE withheld. Enter the amounts on the Earnings Disclosure 
101.9 	Worksheet.
101.10 	You must:
101.11 	(1) Withhold the amount of earnings listed in Column I on the Earnings Disclosure 
101.12 	Worksheet each payday.
101.13 	(2) After 90 days, return this Earnings Disclosure Worksheet to the sheriff. Include all 
101.14 	the money withheld. Sign the Affirmation at the end of the worksheet before returning.
101.15 	(3) Deliver a copy of the disclosure and worksheet to the debtor within 10 days after the 
101.16 	last payday that falls within the 90-day period.
101.17 	If the debt (judgment) is fully paid off or if the debtor's job ends before the 90-day period 
101.18 	is over, you need to do the last disclosure and withholdings within 10 days of their last 
101.19 	payday that you withheld money.
101.20 	Each payday, you must retain the amount of earnings listed in column I on the Earnings 
101.21 	Disclosure Worksheet.
101.22 	You must pay the attached earnings and return this earnings disclosure form and the 
101.23 	Earnings Disclosure Worksheet to the sheriff and deliver a copy of the disclosure and 
101.24 	worksheet to the judgment debtor within ten days after the last payday that falls within 
101.25 	the 90-day period. If the judgment is wholly satisfied or if the judgment debtor's 
101.26 	employment ends before the expiration of the 90-day period, your disclosure and 
101.27 	remittance should be made within ten days after the last payday for which earnings were 
101.28 	attached.
101.29 	For steps 3 through 11, "columns" refers to columns on the Earnings Disclosure 
101.30 	Worksheet.

101.31	(3)
	COLUMN A.
		Enter the date of judgment debtor's payday.
	
101.32	(4)
	COLUMN B.
		Enter judgment debtor's gross earnings for each payday.
	
102.1102.2	(5)
	COLUMN C.
		Enter judgment debtor's disposable earnings for each 
payday.
	
102.3102.4	(6)
	COLUMN D.
		Enter 25 percent of disposable earnings. (Multiply 
column C by .25.)
	
102.5102.6
102.7
102.8
102.9102.10
102.11
102.12
	(7)
	COLUMN E.
		Enter here the greater of 40 times $9.50 or 40 times the 
hourly federal minimum wage ($..........) times the 
number of work weeks included in each payday. (Note: 
If a payday includes days in excess of whole work 
weeks, the additional days should be counted as a 
fraction of a work week equal to the number of 
workdays in excess of a whole work week divided by 
the number of workdays in a normal work week.)
	
102.13102.14	(8)
	COLUMN F.
		Subtract the amount in column E from the amount in 
column C, and enter here.
	
102.15102.16	(9)
	COLUMN G.
		Enter here the lesser of the amount in column D and the 
amount in column F.
	
102.17102.18
102.19
102.20
102.21
102.22
102.23
102.24
102.25
102.26
102.27	(10)
	COLUMN H.
		Enter here any amount claimed by you as a setoff, 
defense, lien, or claim, or any amount claimed by any 
other person as an exemption or adverse interest which 
would reduce the amount of earnings owing to the 
judgment debtor. (Note: Any indebtedness to you 
incurred within ten days prior to your receipt of the first 
execution levy on a debt may not be set off against the 
earnings otherwise subject to this levy. Any wage 
assignment made by the judgment debtor within ten 
days prior to your receipt of the first execution levy on 
a debt is void.)
	
102.28
102.29
102.30
102.31				You must also describe your claim(s) and the claims of 
others, if known, in the space provided below the 
worksheet and state the name(s) and address(es) of these 
persons.
	
102.32
102.33
102.34				Enter zero in column H if there are no claims by you or 
others which would reduce the amount of earnings 
owing to the judgment debtor.
	
102.35102.36
102.37
102.38	(11)
	COLUMN I.
		Subtract the amount in column H from the amount in 
column G and enter here. This is the amount of earnings 
that you must remit for the payday for which the 
calculations were made.
	
102.39 	AFFIRMATION
102.40 	I, ................... (person signing Affirmation), am the third party/employer or I am 
102.41 	authorized by the third party/employer to complete this earnings disclosure, and have done 
102.42 	so truthfully and to the best of my knowledge.

102.43	DATED: ........
		........
	
102.44			Signature
	
102.45			........
	
102.46			Title
	
103.1			........
	
103.2			Telephone Number
	
103.3	EARNINGS DISCLOSURE WORKSHEET
		........
	
103.4			Debtor's Name
	
103.5 	Calculating Percentage of Disposable Earnings
103.6 	Note to Creditor: You must fill out this chart before sending this form to the employer. 
103.7 	Use the current minimum wage found online at: https://www.dli.mn.gov/minwage.
103.8 	Minimum Wage = $MW/hour.

103.10103.9		if the weekly gross earnings are:
	then this percentage of the disposable 
earnings are withheld:
		
103.11		Less than [40 X MW]
	0%
		
103.12		[40 X MW + .01] to [60 X MW]
	10%
		
103.13		[60 X MW + .01] to [80 X MW]
	15%
		
103.14		[80 x MW + .01] or more
	25%
		
103.15 	Employer: Use this creditor's calculation chart to know what percentage of earnings 
103.16 	should be withheld.
103.17 	Earnings Disclosure Worksheet

103.18	........
		
103.19	Debtor's name

103.21103.20
	A - Payday Date
		B - Gross 
Earnings
		C - Disposable 
Earnings

103.22	1.
	........
		$........
		$........
	
103.23	2.
	........
		........
		........
	
103.24	3.
	........
		........
		........
	
103.25	4.
	........
		........
		........
	
103.26	5.
	........
		........
		........
	
103.27	6.
	........
		........
		........
	
103.28	7.
	........
		........
		........
	
103.29	8.
	........
		........
		........
	
103.30	9.
	........
		........
		........
	
103.31	10.
	........
		........
		........
	
103.32 	Column A. Enter the debtor's payday.
103.33 	Column B. Enter the debtor's gross earnings for each payday.
103.34 	Column C. Enter the debtor's disposable earnings for each payday.

104.1
104.2
104.3
104.4	D 25 - % of 
withholding of 
Column C (Use the 
creditor's calculation)
		E - Greater of 40 
X $9.50 or 40 X
MN or Fed. 
Min. Wage
		F - Column C 
minus Column E

104.5	1.
	........
		........
		........
	
104.6	2.
	........
		........
		........
	
104.7	3.
	........
		........
		........
	
104.8	4.
	........
		........
		........
	
104.9	5.
	........
		........
		........
	
104.10	6.
	........
		........
		........
	
104.11	7.
	........
		........
		........
	
104.12	8.
	........
		........
		........
	
104.13	9.
	........
		........
		........
	
104.14	10.
	........
		........
		........
	
104.15 	Column D. Enter the percentage of disposable earnings that will be withheld. Get this 
104.16 	number from the creditor's calculation chart.
104.17 	Column E. Calculate 40 times the current MN minimum wage (or 40 times the current 
104.18 	federal minimum wage) times the number of work weeks in each payday. Enter the bigger 
104.19 	number here. Note: If a payday has extra days that are more than a full work week, count 
104.20 	those extra days as part of a work week. Do this by dividing the number of extra workdays 
104.21 	by the number of workdays in a normal week.
104.22 	Column F. Subtract the amount in Column E from the amount in Column C and enter 
104.23 	here.

104.25
104.26
104.27104.24
	G - Lesser of 
Column D and 
Column F
		H - Setoff, Lien, 
Adverse 
Interest, or 
Other Claims
		I - Column G 
minus Column 
H

104.28	1.
	........
		........
		........
	
104.29	2.
	........
		........
		........
	
104.30	3.
	........
		........
		........
	
104.31	4.
	........
		........
		........
	
104.32	5.
	........
		........
		........
	
104.33	6.
	........
		........
		........
	
104.34	7.
	........
		........
		........
	
104.35	8.
	........
		........
		........
	
104.36	9.
	........
		........
		........
	
104.37	10.
	........
		........
		........
	
104.38				TOTAL OF COLUMN I
	$ ........
	
105.1 	Column G. Look at Column D and Column F. Enter the smaller amount of the two here 
105.2 	in Column G.
105.3 	Column H. Enter any amount claimed by you that would lower the amount of earnings 
105.4 	that will go to the debtor. Things like:
105.5 	(i) a setoff,
105.6 	(ii) a defense,
105.7 	(iii) a lien,
105.8 	(iv) a claim, or
105.9 	(v) any amount claimed by any other person as an exemption or adverse interest.
105.10 	Note: You must describe your claim(s) and the claims of others, if known, in the spaces 
105.11 	after this worksheet.
105.12 	Enter zero in Column H if there are no claims by you or others which would lower the 
105.13 	amount of earnings owed to the debtor.
105.14 	Note: Any debt that happened within 10 days before you got the first levy on a debt 
105.15 	may not be set off against the earnings that are affected by this levy. Any wage assignment 
105.16 	made by the debtor within 10 days before you got the first levy on a debt is void. Wage 
105.17 	assignment is when a debtor voluntarily agrees to money being taken out of their earnings.
105.18 	Column I. Subtract the amount in Column H from the amount in Column G and enter 
105.19 	here. This is the amount of earnings that go to the creditor.
105.20 	*If you entered any amount in Column H for any payday(s) payday, you must describe 
105.21 	those claims below either your claims, or the claims of others. It doesn't matter if they are 
105.22 	your claims, or the claims of others. For amounts claimed claims by others, you must both 
105.23 	state list the names and addresses of such persons each, and the nature of describe their 
105.24 	claim claims, if known you know.
105.25 	........
105.26 	........
105.27 	........
105.28 	........
105.29 	Earnings Worksheet Affirmation
106.1 	I, ................. (person signing Affirmation), am the third party party/employer or I am 
106.2 	authorized by the third party party/employer to complete this earnings disclosure worksheet,
106.3 	and have done so truthfully and to the best of my knowledge.

106.4			........
	
106.5			Signature
	
106.6	Dated: ........
	........
	(...) ........
	
106.7		Title
	Phone Number

106.8	Date: ........
		
106.9	Third Party's Name: ........
		
106.10	Third Party's Signature: ........
		
106.11	Phone: ........
	Fax: ........
		
106.12	Email: ........

106.13 	Sec. 3. Minnesota Statutes 2024, section 550.143, subdivision 2, is amended to read:
106.14 		Subd. 2.Disclosure form. Along with the writ of execution, the notice, instructions, 
106.15 	and the exemption notice described in subdivision 3, the sheriff shall serve upon the financial 
106.16 	institution an execution disclosure form which must be substantially in the following form:

106.17	STATE OF MINNESOTA
		DISTRICT COURT
	
106.18	COUNTY OF ........
		........JUDICIAL DISTRICT
	
106.19	........(Judgment Creditor)
			
106.20	against
		FINANCIAL INSTITUTIONS
	
106.21	........(Judgment Debtor)
		EXECUTION
	
106.22	and
		DISCLOSURE
	
106.23	........(Third Party)

106.24	State of Minnesota
		District Court
	
106.25	County of: ........
		Judicial District: ........
	
106.26			Court File Number: ........
	
106.27			Case Type: ........
	
106.28	Creditor's full name
			
106.29	........
		Execution Disclosure
	
106.30	against
			
106.31	Debtor's full name
			
106.32	........
			
106.33	and
			
107.1	Third Party (bank, employer, or other)
			
107.2	........
			
107.3 	This form is called a "Non-Earnings Disclosure" or "Disclosure." It is being sent to you 
107.4 	because you might be holding property that belongs to the debtor, or you might owe money 
107.5 	to the debtor.
107.6 	You are the "third party" or "garnishee." The "debtor" is the person who owes money. 
107.7 	The debtor is also called the "judgment debtor." The creditor is the person the debtor owes 
107.8 	money to. The creditor is also called the "judgment creditor." The debtor owes 
107.9 	$....................... to the creditor.
107.10 	You must list any money or property you owe the debtor on the lines below and sign 
107.11 	the affirmation. Write "none" on the line if that is your answer. You must then return this 
107.12 	disclosure to the creditor (or the creditor's lawyer) within 20 days after you got it.
107.13 	On the ..... day of ............., ......., the time of service of execution herein, there was due 
107.14 	and owing the judgment debtor from the third party the following:
107.15 	Fill in the date you got this disclosure:
107.16 	..................... (month) ..................... (day), .......................... (year)
107.17 	On the date you got this disclosure, you owed the debtor:
107.18 	(1) Money. Enter on the line below any amounts due and owing the judgment debtor, 
107.19 	except earnings, from the third party. Write down the amount of money you owe the debtor 
107.20 	(except earnings).
107.21 	........
107.22 	(2) Property. Write a short description of any personal property, instruments, or papers 
107.23 	belonging to the debtor that you have in your possession. List the monetary value of each 
107.24 	thing.
107.25 	........
107.26 	(2) (3) Setoff. Enter on the line below the amount of any setoff, defense, lien, or claim 
107.27 	which the third party claims against the amount set forth on line (1). State the facts by which 
107.28 	such setoff, defense, lien, or claim is claimed. (Any indebtedness to a third party incurred 
107.29 	by the judgment debtor within ten days prior to the receipt of the first execution levy on a 
107.30 	debt is void as to the judgment creditor.) If you claim a setoff, defense, lien, or claim against 
107.31 	the amount on lines (1) and (2) above, enter that amount on the line below. State the facts 
107.32 	about your claim. Note: Any payment the debtor makes to the garnishee within the 10 days 
108.1 	before they get the first garnishment order on that debt can't be used to lower the amount 
108.2 	that is being garnished.
108.3 	........
108.4 	(3) (4) Exemption. Enter any amounts or property that the debtor claims is exempt on 
108.5 	the line below any amounts or property claimed by the judgment debtor to be exempt from 
108.6 	execution.
108.7 	........
108.8 	(4) (5) Adverse Interest. Enter on the line below any amounts claimed by other persons 
108.9 	by reason of ownership or interest in the judgment of the debtor's property that other people 
108.10 	claim they own or have interest in.
108.11 	........
108.12 	(5) (6) Enter on the line below the total of lines (2), (3), and (4) (3), (4), and (5) on the 
108.13 	line below.
108.14 	........
108.15 	(6) (7) Enter on the line below the difference obtained (never less than zero) when line 
108.16 	(5) (6) is subtracted from the amount on line sum of lines (1) and (2) on the line below.
108.17 	........
108.18 	(7) Enter on the line below (8) Figure out 110 percent of the amount of the judgment
108.19 	creditor's claim which remains is still unpaid. Enter it on the line below.
108.20 	........
108.21 	(8) Enter on the line below the lesser of line (6) and line (7). You are hereby instructed 
108.22 	to remit this amount only if it is $10 or more.
108.23 	(9) Look at (7) and (8). Put the smaller number on the line below. Hold this amount only 
108.24 	if it is $10 or more.
108.25 	........
108.26 	AFFIRMATION
108.27 	I, ....................... (person signing Affirmation), am the third party garnishee or I am 
108.28 	authorized by the third party garnishee to complete this nonearnings non-earnings 
108.29 	garnishment disclosure, and have done so truthfully and to the best of my knowledge.

109.1	Dated: ........
		........
	
109.2			Signature
	
109.3			........
	
109.4			Title
	
109.5			........
	
109.6			Telephone Number

109.7	Date: ........
		
109.8	Name: ........
		
109.9	Signature: ........
		
109.10	Title: ........
		
109.11	Phone: ........
	Email: ........

109.12 	Sec. 4. Minnesota Statutes 2024, section 550.143, subdivision 3a, is amended to read:
109.13 		Subd. 3a.Form of notice. The notice required by subdivision 3 must be provided as a 
109.14 	separate form and must be substantially in the following form:

109.15	STATE OF MINNESOTA
		DISTRICT COURT
	
109.16	COUNTY OF ........
		........JUDICIAL DISTRICT
	
109.17	........(Creditor)
			
109.18	........(Debtor)
			
109.19	........(Financial institution)

109.20	State of Minnesota
		District Court
	
109.21	County of: ........
		Judicial District: ........
	
109.22			Court File Number: ........
	
109.23			Case Type: ........
	
109.24	Creditor's full name
			
109.25	........
		Notice of Levied Funds
	
109.26	Debtor's full name
			
109.27	........
			
109.28	Third Party (bank, employer, or other)
			
109.29	........
			
109.30 	IMPORTANT NOTICE
109.31 	YOUR FUNDS HAVE BEEN LEVIED
109.32 	Money in Your Account Has Been Frozen
109.33 	The creditor has frozen money in your account at your financial institution bank.
109.34 	Your account balance is $.......
110.1 	The amount being held is $.......
110.2 	The amount being held will be is frozen for 14 days from the date of this notice.
110.3 	Some of your money in your account may be protected (the legal word is exempt). 
110.4 	You may be able to get it sooner than 14 days if you act quickly and follow the 
110.5 	instructions on the next page.
110.6 	The attached exemption form lists some different sources of ways money in your account 
110.7 	that may be protected. If your money is comes from one or more of these sources a benefit 
110.8 	on this list, place put a check on the line on the form next to the sources of your money in 
110.9 	the box next to it. If it is from one of these sources, The creditor cannot can't take it.
110.10 	BUT, if you want the bank to unfreeze your money, you must follow the instructions 
110.11 	and return the exemption form and with copies of your bank statements from the last 
110.12 	60 daysto have the bank unfreeze your money. Instructions and the form are attached. If 
110.13 	you do not don't follow the instructions, your financial institution will give bank gives the 
110.14 	money to the Sheriff your creditor. If your creditor gets an order from the court or writ of 
110.15 	execution, your bank gives the money to them. If that happens and it your money is protected, 
110.16 	you can still get it back from the creditor later, but that is not as easy to do as filling in the 
110.17 	form now. But filling out the form now is easiest.
110.18 	See next pages for instructions and the exemption form.
110.19 	See the attached Exemption Form Instructions and Exemption Form for your next steps.

110.20 	Sec. 5. Minnesota Statutes 2024, section 550.143, subdivision 3b, is amended to read:
110.21 		Subd. 3b.Form of instructions. The instructions required by this section must be in a 
110.22 	separate form and must be substantially in the following form:
110.23 	Exemption Form Instructions
110.24 	Note: The creditor is who you owe the money to. You are the debtor.
110.25 	1. Fill out both of the attached exemption forms in this packet.
110.26 	If you check one of the lines, you should also give proof. Use proof that shows show
110.27 	that some or all of the money in your account is from one or more of the protected sources.
110.28 	This might be letters or account statements. Creditors may ask for a hearing if they question 
110.29 	your exemptions.
110.30 	To avoid a hearing:
110.31 	(i) Case numbers should be added to the form.
111.1 	(ii) Copies of documents should be sent with the form.
111.2 	Notice: You must send to the creditor's attorney (or to the creditor, if no attorney) copies 
111.3 	of your bank statements for the past 60 days before the levy garnishment. Send them to the 
111.4 	creditor's lawyer (or to the creditor, if there isn't a lawyer). Keep a copy of your bank 
111.5 	statements in case there are questions about your claim. If you do not don't send bank 
111.6 	statements to the creditor's attorney lawyer (or to the creditor, if no attorney) bank statements
111.7 	along with your exemption claim, the financial institution may release give your money to 
111.8 	the Sheriff creditor. They would do this once the creditor gives them a court order saying 
111.9 	they have to turn over the funds.
111.10 	2. Sign the exemption forms. Make one a copy to keep for yourself.
111.11 	3. Mail or deliver the other copies of the form by (insert date).
111.12 	Both Copies Must Be Mailed or Delivered the Same Day.
111.13 	One copy of the form and the copies of your bank statements go to:
111.14 	........
111.15 	(Insert name of creditor or creditor's attorney)
111.16 	........
111.17 	(Insert address of creditor or creditor's attorney)
111.18 	One copy goes to:
111.19 	........
111.20 	(Insert name of bank)
111.21 	........
111.22 	(Insert address of bank)

111.23	Creditor's Name: ........
		
111.24	(or creditor's lawyer's name)

111.25	Street Address: ........
		
111.26	City/State/Zip: ........
		
111.27	Phone: ........
	Fax: ........
		
111.28	Email: ........
		
111.29 	One copy goes to:

111.30	Bank's Name: ........

112.1	Street Address: ........
		
112.2	City/State/Zip: ........
		
112.3	Phone: ........
	Fax: ........
		
112.4	Email: ........
		
112.5 	How The Process Works
112.6 	If You Do Not Don't Send in the Exemption Form and Bank Statements:
112.7 	14 days after the date of this letter some or all of your money may be turned over to the 
112.8 	creditor or to the sheriff. This happens once they get an order from the court telling the bank 
112.9 	to do this.
112.10 	If You Do Send in the Exemption Form and Bank Statements:
112.11 	Any money that is NOT protected can be turned over to the sheriff creditor once they 
112.12 	get an order from the court.
112.13 	If the Creditor Does Not Object to Your Claimed Exemptions:
112.14 	The financial institution will bank should unfreeze your money six 6 business days after 
112.15 	the institution gets they get your completed form. If they don't, ask the creditor or the 
112.16 	creditor's lawyer to send a release letter to the bank.
112.17 	If the Creditor Objects to Your Claimed Exemptions:
112.18 	The money you have said is protected on the form will be is held by the bank. The 
112.19 	creditor has six 6 business days to object (disagree) and ask the court to hold a hearing. You 
112.20 	will receive get a Notice of Objection and a Notice of Hearing.
112.21 	The financial institution will hold bank holds the money until a court decides whether
112.22 	if your money is protected or not. Some reasons a creditor may object are because you did 
112.23 	not didn't send copies of your bank statements or other proof of the benefits you received
112.24 	got. Be sure to include these when you send your exemption form.
112.25 	You may want to talk to a lawyer for advice about this process. If you are low income 
112.26 	you can call Legal Aid statewide at 1(877) 696-6529.
112.27 	PENALTIES:
112.28 	Warnings and Fines
112.29 	If you claim that your money is protected and a court decides you made that claim in 
112.30 	bad faith, the court they can order you to pay costs, actual damages, attorney lawyer fees, 
112.31 	and an additional amount of a fine up to $100. Bad faith is when someone does something 
113.1 	wrong on purpose. For example, it may be bad faith if you claim you receive get government 
113.2 	benefits that and you do not receive don't.
113.3 	If the creditor made a bad faith objection to your claim that your money is protected, 
113.4 	the court can order them to pay costs, actual damages, attorney lawyer fees, and an additional 
113.5 	amount of a fine up to $100.

113.6 	Sec. 6. Minnesota Statutes 2024, section 550.143, subdivision 3c, is amended to read:
113.7 		Subd. 3c.Form of exemption form. The exemption form required by this subdivision 
113.8 	must be sent as a separate form and must be in substantially the following form:

113.9	STATE OF MINNESOTA
		DISTRICT COURT
	
113.10	COUNTY OF ........
		........JUDICIAL DISTRICT
	
113.11	........(Creditor)
			
113.12	........(Debtor)
			
113.13	........(Financial institution)

113.14	State of Minnesota
		District Court
	
113.15	County of: ........
		Judicial District: ........
	
113.16			Court File Number: ........
	
113.17			Case Type: ........
	
113.18	Creditor's full name
			
113.19	........
		Exemption Form
	
113.20	against
			
113.21	Debtor's full name
			
113.22	........
			
113.23	Bank's name
			
113.24	........
			
113.25 	EXEMPTION FORM

113.26	A.
	How Much Money is Protected (Exempt)
	
113.27	........
	I claim ALL of the money being frozen by the bank is protected.
	
113.28	........
	I claim SOME of the money is protected. The amount I claim is protected is $.......
	
113.29	B.
	Why The Money is Protected
	
113.30
113.31		My money is protected because I get it from one or more of the following places: 
(Check all that apply)
	
113.32		Earnings (Wages)
	
113.33		ALL or SOME of my wages may be protected.
	
113.34113.35	........
	Some of my wages are protected because they were only deposited in my account 
in the last 20 days.
	
114.1
114.2		For wages that were deposited in your account within the last 20 days, the amount 
protected is whichever is more:
	
114.3		(i) 75% or more of your wages (after taxes are taken out), or
	
114.4
114.5		(ii) The current minimum wage times 40 per week. You can find the current minimum 
wage here: https://www.dli.mn.gov/minwage.
	
114.6		All of my wages are protected because:
	
114.7	........
	I get government benefits (a list of government benefits is on the next page)
	
114.8	........
	I am getting other assistance based on need
	
114.9	........
	I have gotten government benefits in the last 6 months
	
114.10	........
	I was in jail or prison in the last 6 months
	
114.11
114.12
114.13
114.14		If you check one of these 4 boxes, your wages are only protected for 60 days after 
they are deposited in your account. You MUST send the creditor copies of bank 
statements that show what was in your account for the 60 days right before the 
bank froze your money.
	
114.15	........
	Government benefits
	
114.16
114.17		Government benefits include, but are not limited to, the following can include many 
things. For example:
	
114.18		MFIP - Minnesota Family Investment Program,
	
114.19		MFIP Diversionary Work Program,
	
114.20		Work participation cash benefit,
	
114.21		GA - General Assistance,
	
114.22		EA - emergency assistance,
	
114.23		MA - medical assistance,
	
114.24		EGA - emergency general assistance,
	
114.25		MSA - Minnesota Supplemental Aid,
	
114.26		MSA-EA - MSA Emergency Assistance,
	
114.27		Supplemental Nutrition Assistance Program (SNAP),
	
114.28		SSI - Supplemental Security Income,
	
114.29		MinnesotaCare,
	
114.30		Medicare Part B premium payments,
	
114.31		Medicare Part D extra help,
	
114.32		Energy or fuel assistance.
	
114.33		(i) MFIP - Minnesota Family Investment Program
	
114.34		(ii) DWP - MFIP Diversionary Work Program
	
114.35		(iii) SNAP - Supplemental Nutrition Assistance Program
	
114.36		(iv) GA - General Assistance
	
114.37		(v) EGA - Emergency General Assistance
	
114.38		(vi) MSA - Minnesota Supplemental Aid
	
114.39		(vii) MSA-EA - MSA Emergency Assistance
	
114.40		(viii) EA - Emergency Assistance
	
115.1		(ix) Energy or Fuel Assistance
	
115.2		(x) Work Participation Cash Benefit
	
115.3		(xi) MA - Medical Assistance
	
115.4		(xii) MinnesotaCare
	
115.5		(xiii) Medicare Part B - Premium Payments help
	
115.6		(xiv) Medicare Part D - Extra
	
115.7		(xv) SSI - Supplemental Security Income
	
115.8
115.9		(xvi) Tax Credits - federal Earned Income Tax Credit (EITC), MN Working family 
credit
	
115.10		(xvii) Renter's Refund (also called Renter's Property Tax Credit)
	
115.11	LIST SOURCE(S) OF FUNDING IN YOUR ACCOUNT
	
115.12	........
	
115.13		List the case number and county for every box you checked:
	
115.14		Case Number: ........ County: ........
	
115.15		Case Number: ........ County: ........
	
115.16		Case Number: ........ County: ........
	
115.17		County: ........
	
115.18		Government benefits also include:
	
115.19	........
	Social Security benefits
	
115.20	........
	Unemployment benefits
	
115.21	........
	Workers' compensation
	
115.22	........
	Veterans Veterans' benefits
	
115.23
115.24
115.25		If you receive get any of these government benefits, include copies of any documents 
you have that show you receive Social Security, unemployment, workers' 
compensation, or veterans benefits get them.
	
115.26	........
	Other assistance based on need
	
115.27	........
	I get other assistance based on need that is not on the list. It comes from: ........
	
115.28		........
	
115.29		Make sure you include copies of any documents that show this.
	
115.30 	You may have assistance based on need from another source that is not on the list. If you 
115.31 	do, check this box, and fill in the source of your money on the line below:
115.32 	Source:........
115.33 	Include copies of any documents you have that show the source of this money.

115.34	EARNINGS
	
115.35		ALL or SOME of your earnings (wages) may also be protected.
	
115.36	........
	All of your earnings (wages) are protected if:
	
115.37	........
	You get government benefits (see list of government benefits)
	
116.1	........
	You currently receive other assistance based on need
	
116.2	........
	You have received government benefits in the last six months
	
116.3	........
	You were in jail or prison in the last six months
	
116.4
116.5
116.6
116.7		If you check one of these lines, your wages are only protected for 60 days after 
they are deposited in your account so you MUST send the creditor a copy of 
BANK STATEMENTS that show what was in your account for the 60 days right 
before the bank froze your money.
	
116.8	........
	Some of your earnings (wages) are protected.
	
116.9116.10
116.11
		If all of your earnings are not exempt, then some of your earnings are still protected 
for 20 days after they were deposited in your account. The amount protected is the 
larger amount of:
	
116.12		75 percent of your wages (after taxes are taken out); or
	
116.13		(insert the sum of the current federal minimum wage) multiplied by 40.
	
116.14	C.
	Other Exempt Protected Funds
	
116.15
116.16		The money from the following these things are also completely protected after they 
are deposited in your my account.
	
116.17	........
	Child support
	
116.18116.19	........
	An accident, disability, or retirementA retirement, disability, or accident pension 
or annuity
	
116.20	........
	Earnings of my child who is under 18 years of age
	
116.21	........
	Payments to you me from a life insurance policy
	
116.22	........
	Earnings of your child who is under 18 years of age
	
116.23	........
	Child support
	
116.24116.25
116.26
116.27	........
	Money paid to you me from a claim for damage or destruction of property. Property 
includes household goods, farm tools or machinery, tools for your my job, business 
equipment, a mobile home, a car, a musical instrument, a pew or burial lot, clothes, 
furniture, or appliances.
	
116.28	........
	Death benefits paid to you me
	
116.29 	I give my permission to any agency that has given me cash benefits to give information 
116.30 	about my benefits to the above-named creditor, or its attorney named above or to the creditor's 
116.31 	lawyer. The information will ONLY concern whether be if I get benefits or not assistance, 
116.32 	or whether if I have gotten them assistance in the past six 6 months. If I was an inmate in 
116.33 	the last 6 months, I give my permission to the correctional institution to tell the creditor 
116.34 	named above or the creditor's lawyer that I was an inmate there.
116.35 	If I was an inmate in the last six months, I give my permission to the correctional 
116.36 	institution to tell the above-named creditor that I was an inmate there.
116.37 	You must sign and send this form and send it back to the creditor's Attorney lawyer
116.38 	(or to the creditor, if there is no attorney lawyer) and the bank. Remember to include 
116.39 	a copy of your bank statements for the past 60 days. Fill in the blanks below and go 
116.40 	back to the instructions to make sure you do did it correctly.
117.1 	I have mailed or delivered a copy of this form to: the creditor's lawyer (or to the creditor, 
117.2 	if there is no lawyer) at the address listed below.
117.3 	........
117.4 	(Insert name of creditor or creditor's attorney)
117.5 	........
117.6 	(Insert address of creditor or creditor's attorney)

117.7	Creditor's Signature: ........
		
117.8	(or creditor's lawyer's signature)

117.9	Creditor's Name: ........
		
117.10	(or creditor's lawyer's name)

117.11	Street Address: ........
		
117.12	City/State/Zip: ........
		
117.13	Phone: ........
	Fax: ........
		
117.14	Email: ........
		
117.15 	I have also mailed or delivered a copy of this exemption form to my bank at the address 
117.16 	listed in the instructions. below:

117.17	DATED: ........
	........
	
117.18		DEBTOR
	
117.19		........
	
117.20		DEBTOR ADDRESS
	
117.21		........
	
117.22		DEBTOR TELEPHONE NUMBER

117.23	Bank's Name: ........

117.24	Street Address: ........
		
117.25	City/State/Zip: ........
		
117.26	Phone: ........
	Fax: ........
		
117.27	Email: ........

117.28	Date: ........
		
117.29	Debtor's Signature: ........
		
117.30	Debtor's Name: ........
		
117.31	Street Address: ........
		
117.32	City/State/Zip: ........
		
118.1	Phone: ........
		
118.2	Email: ........

118.3 	Sec. 7. Minnesota Statutes 2024, section 551.05, subdivision 1b, is amended to read:
118.4 		Subd. 1b.Form of notice. The notice must be a separate form and must be substantially 
118.5 	in the following form:

118.6	STATE OF MINNESOTA
			DISTRICT COURT
	
118.7	COUNTY OF ........
			........JUDICIAL DISTRICT
	
118.8	........
	(Creditor)
				
118.9	........
	(Debtor)
				
118.11118.10
	........
	(Financial 
institution)

118.12	State of Minnesota
		District Court
	
118.13	County of: ........
		Judicial District: ........
	
118.14			Court File Number: ........
	
118.15			Case Type: ........
	
118.16	Creditor's full name:
			
118.17	........
			
118.18	Debtor's full name:
			
118.19	........
			
118.20	Third Party (bank, employer, or other):
			
118.21	........
			
118.22 	IMPORTANT NOTICE
118.23 	YOUR FUNDS HAVE BEEN LEVIED
118.24 	Money in Your Account Has Been Frozen
118.25 	The creditor has frozen money in your account at your financial institution bank.
118.26 	Your account balance is $.......
118.27 	The amount being held is $.......
118.28 	The amount being held will be is frozen for 14 days from the date of this notice.
118.29 	Some of your money in your account may be protected (the legal word is exempt). You 
118.30 	may be able to get it sooner than 14 days if you act quickly and follow the instructions 
118.31 	on the next page.
118.32 	The attached exemption form lists some different sources of ways money in your account 
118.33 	that may be protected. If your money is from one or more of these sources, place a check 
119.1 	on the line on the form next to the sources of your money. If it is from one of these sources, 
119.2 	the Creditor cannot take it comes from a benefit on this list, put a check on the line next to 
119.3 	it. The creditor can't take it.
119.4 	BUT, if you want the bank to unfreeze your money, you must follow the instructions and 
119.5 	return the exemption form and with copies of your bank statements from the last 60 
119.6 	days to have the bank unfreeze your money. Instructions and the form are attached. If you 
119.7 	do not don't follow the instructions, your financial institution will give bank gives the money 
119.8 	to the your creditor. If your creditor gets an order from the court or writ of execution, your 
119.9 	bank gives the money to them. If that happens and it your money is protected, you can still 
119.10 	get it back from the creditor later, but that is not as easy to do as filling in the form now.
119.11 	But filling out the form now is easiest.
119.12 	See next pages for instructions and the exemption form.

119.13 	Sec. 8. Minnesota Statutes 2024, section 551.05, subdivision 1c, is amended to read:
119.14 		Subd. 1c.Form of instructions. The instructions required must be in a separate form 
119.15 	and must be substantially in the following form:
119.16 	INSTRUCTIONS
119.17 	Note: The creditor is who you owe the money to. You are the debtor.
119.18 	1. Fill out both of the attached exemption forms in this packet.
119.19 	If you check one of the lines, you should also give proof that shows that some or all of 
119.20 	the money in your account is from one or more of the protected sources. Creditors 
119.21 	may ask for a hearing if they question your exemptions. To avoid a hearing:
119.22 	Case numbers should be added to the form. Copies of documents should be sent 
119.23 	with the form.
119.24 	If you check one of the lines, you should also give proof. Use proof that shows that some 
119.25 	or all of the money in your account is from one or more of the protected sources. This might 
119.26 	be letters or account statements. Creditors may ask for a hearing if they question your 
119.27 	exemptions.
119.28 	To avoid a hearing:
119.29 	(i) Case numbers should be added to the form.
119.30 	(ii) Copies of documents should be sent with the form.
120.1 	Notice: YOU MUST SEND TO THE CREDITOR'S ATTORNEY (OR TO THE 
120.2 	CREDITOR, IF NO ATTORNEY) COPIES OF YOUR BANK STATEMENTS FOR 
120.3 	THE PAST 60 DAYS BEFORE THE LEVY. Keep a copy of your bank statements in 
120.4 	case there are questions about your claim. If you do not send to the creditor's attorney 
120.5 	(or to the creditor, if no attorney) bank statements with your exemption claim, the 
120.6 	financial institution may release your money to the creditor.
120.7 	Notice: You must send copies of your bank statements for the past 60 days before the 
120.8 	garnishment. Send them to the creditor (or to the creditor's lawyer). Keep a copy of your 
120.9 	bank statements in case there are questions about your claim. If you don't send bank 
120.10 	statements to the creditor (or to the creditor's lawyer) along with your exemption claim, the 
120.11 	financial institution may give your money to the creditor. They would do this once the 
120.12 	creditor gives them a court order saying they have to turn over the funds.
120.13 	2. Sign the exemption forms. Make one copy to keep for yourself.
120.14 	3. Mail or deliver the other copies of the form by (insert date).
120.15 	Both Copies Must Be Mailed or Delivered the Same Day.
120.16 	One copy of the form and the copies of your bank statements go to:

120.17	Creditor's Name: ........
	
120.18	(Insert name of creditor or creditor's attorney) (or creditor's lawyer's name)
	
120.19	Street Address: ........
	
120.20	(Insert address of creditor or creditor's attorney) City/State/Zip: ........
	
120.21	Phone: ........
	Fax: ........
	
120.22	Email: ........
	
120.23 	One copy goes to:

120.24	Bank's Name: ........
		
120.25	(Insert name of bank) Street Address: ........
		
120.26	City/State/Zip: ........
		
120.27	(Insert address of bank) Phone: ........
	Fax: ........
	
120.28	Email: ........
		
120.29 	How The Process Works
120.30 	If You Do Not Don't Send in the Exemption Form and Bank Statements:
120.31 	14 days after the date of this letter some or all of your money may be turned over to the 
120.32 	creditor pursuant to Minnesota statute. This happens once they get an order from the court 
120.33 	telling the bank to do this.
121.1 	If You Do Send in the Exemption Form and Bank Statements:
121.2 	Any money that is NOT protected can be turned over to the creditor once they get an order 
121.3 	from the court.
121.4 	If the Creditor Does Not Object to Your Claimed Exemptions:
121.5 	The financial institution will unfreeze your money six business days after the institution 
121.6 	gets your completed form. The bank should unfreeze your money 6 business days after they 
121.7 	get your completed form. If they don't, ask the creditor or the creditor's lawyer to send a 
121.8 	release letter to the bank.
121.9 	If the Creditor Objects to Your Claimed Exemptions:
121.10 	The money you have said is protected on the form will be is held by the bank. The creditor 
121.11 	has six 6 business days to object (disagree) and ask the court to hold a hearing. You will 
121.12 	receive get a Notice of Objection and a Notice of Hearing.
121.13 	The financial institution will hold bank holds the money until a court decides whether if
121.14 	your money is protected or not. Some reasons a creditor may object are because you did 
121.15 	not didn't send copies of your bank statements or other proof of the benefits you received
121.16 	got. Be sure to include these when you send your exemption form.
121.17 	You may want to talk to a lawyer for advice about this process. If you are low income you 
121.18 	can call Legal Aid statewide at 1(877) 696-6529.
121.19 	PENALTIES Warnings and Fines:
121.20 	If you claim that your money is protected and a court decides you made that claim in bad 
121.21 	faith, the court they can order you to pay costs, actual damages, attorney lawyer fees, and 
121.22 	an additional amount of a fine up to $100. Bad faith is when someone does something wrong 
121.23 	on purpose. For example, it may be bad faith if you claim you receive get government 
121.24 	benefits that you do not receive and you don't.
121.25 	If the creditor made a bad faith objection to your claim that your money is protected, the 
121.26 	court can order them to pay costs, actual damages, attorney lawyer fees, and an additional 
121.27 	amount of a fine up to $100.

121.28 	Sec. 9. Minnesota Statutes 2024, section 551.05, subdivision 1d, is amended to read:
121.29 		Subd. 1d.Form of exemption form. The exemption form required by this subdivision 
121.30 	must be a separate form and must be in substantially the following form:

122.1	STATE OF MINNESOTA
			DISTRICT COURT
	
122.2	COUNTY OF ........
			........JUDICIAL DISTRICT
	
122.3	........
	(Creditor)
				
122.4	........
	(Debtor)
				
122.6122.5
	........
	(Financial 
institution)

122.7	State of Minnesota
		District Court
	
122.8	County of: ........
		Judicial District: ........
	
122.9			Court File Number: ........
	
122.10			Case Type: ........
	
122.11	Creditor's full name:
			
122.12	........
		Exemption Form
	
122.13	against
			
122.14	Debtor's full name:
			
122.15	........
			
122.16	Bank's name:
			
122.17	........
			
122.18 	EXEMPTION FORM

122.19	A.
	How Much Money Is Protected (exempt)
	
122.20	........
	... I claim ALL of the money being frozen by the bank is protected.
	
122.21	........
	... I claim SOME of the money is protected. The amount I claim is protected is $........
	
122.22	B.
	Why The Money Is Protected
	
122.23
122.24		My money is protected because I get it from one or more of the following places: 
(Check all that apply)
	
122.25		Earnings (Wages)
		
122.26		ALL or SOME of my wages may be protected.
		
122.27
122.28		... Some of my wages are protected because they were only deposited in my 
account in the last 20 days.
		
122.29
122.30		For wages that were deposited in your account within the last 20 days, the amount 
protected is whichever is more:
		
122.31		(i) 75% of your wages or more (after taxes are taken out), or
		
122.32
122.33		(ii) The current minimum wage times 40 per week. You can find the current 
minimum wage here: https://www.dli.mn.gov/minwage.
		
122.34		All of my wages are protected because:
		
122.35		... I get government benefits (a list of government benefits is on the next page)
		
122.36		... I am getting other assistance based on need
		
122.37		... I have gotten government benefits in the last 6 months
		
122.38		... I was in jail or prison in the last 6 months
		
123.1
123.2
123.3
123.4		If you check one of these 4 boxes, your wages are only protected for 60 days 
after they are deposited in your account. You MUST send the creditor copies 
of bank statements that show what was in your account for the 60 days right 
before the bank froze your money.
		
123.5	........
	Government benefits
	
123.6
123.7		Government benefits can include, but are not limited to, the following many things. 
For example:
	
123.8		MFIP - Minnesota family investment program,
	
123.9		MFIP Diversionary Work Program,
	
123.10		Work participation cash benefit,
	
123.11		GA - general assistance,
	
123.12		EA - emergency assistance,
	
123.13		MA - medical assistance,
	
123.14		EGA - emergency general assistance,
	
123.15		MSA - Minnesota supplemental aid,
	
123.16		MSA-EA - MSA emergency assistance,
	
123.17		Supplemental Nutrition Assistance Program (SNAP),
	
123.18		SSI - Supplemental Security Income,
	
123.19		MinnesotaCare,
	
123.20		Medicare Part B premium payments,
	
123.21		Medicare Part D extra help,
	
123.22		Energy or fuel assistance.
	
123.23	LIST SOURCE(S) OF FUNDING IN YOUR ACCOUNT
	
123.24	........
	
123.25	LIST THE CASE NUMBER AND COUNTY
	
123.26		Case Number: ........
	
123.27		County: ........
	
123.28		Government benefits also include:
	
123.29	........
	Social Security benefits
	
123.30	........
	Unemployment benefits
	
123.31	........
	Workers' compensation
	
123.32	........
	Veterans benefits
	
123.33
123.34
123.35		If you receive any of these government benefits, include copies of any documents 
you have that show you receive Social Security, unemployment, workers' 
compensation, or veterans benefits.
	
123.36	........
	Other assistance based on need
	
123.37 	You may have assistance based on need from another source that is not on the list. If you 
123.38 	do, check this box, and fill in the source of your money on the line below:
123.39 	Source:........
124.1 	Include copies of any documents you have that show the source of this money.

124.2	EARNINGS
	
124.3		ALL or SOME of your earnings (wages) may also be protected.
	
124.4	........
	All of your earnings (wages) are protected if:
	
124.5	........
	You get government benefits (see list of government benefits)
	
124.6	........
	You currently receive other assistance based on need
	
124.7	........
	You have received government benefits in the last six months
	
124.8	........
	You were in jail or prison in the last six months
	
124.9124.10
124.11
124.12
		If you check one of these lines, your wages are only protected for 60 days after they 
are deposited in your account so you MUST send the creditor a copy of BANK 
STATEMENTS that show what was in your account for the 60 days right before 
the bank froze your money.
	
124.13	........
	Some of your earnings (wages) are protected.
	
124.14
124.15
124.16		If all of your earnings are not exempt, then some of your earnings are still protected 
for 20 days after they were deposited in your account. The amount protected is the 
larger amount of:
	
124.17		75 percent of your wages (after taxes are taken out); or
	
124.18		(insert the sum of the current federal minimum wage) multiplied by 40.
	
124.19		OTHER EXEMPT FUNDS
	
124.20
124.21		The money from the following are also completely protected after they are deposited 
in your account.
	
124.22	........
	An accident, disability, or retirement pension or annuity
	
124.23	........
	Payments to you from a life insurance policy
	
124.24	........
	Earnings of your child who is under 18 years of age
	
124.25	........
	Child support
	
124.26124.27
124.28
124.29	........
	Money paid to you from a claim for damage or destruction of property Property 
includes household goods, farm tools or machinery, tools for your job, business 
equipment, a mobile home, a car, a musical instrument, a pew or burial lot, clothes, 
furniture, or appliances.
	
124.30	........
	Death benefits paid to you

124.31		(i) MFIP - Minnesota Family Investment Program
	
124.32		(ii) DWP - MFIP Diversionary Work Program
	
124.33		(iii) SNAP - Supplemental Nutrition Assistance Program
	
124.34		(iv) GA - General Assistance
	
124.35		(v) EGA - Emergency General Assistance
	
124.36		(vi) MSA - Minnesota Supplemental Aid
	
124.37		(vii) MSA-EA - MSA Emergency Assistance
	
124.38		(viii) EA - Emergency Assistance
	
124.39		(ix) Energy or Fuel Assistance
	
124.40		(x) Work Participation Cash Benefit
	
125.1		(xi) MA - Medical Assistance
	
125.2		(xii) MinnesotaCare
	
125.3		(xiii) Medicare Part B - Premium Payments help
	
125.4		(xiv) Medicare Part D - Extra
	
125.5		(xv) SSI - Supplemental Security Income
	
125.6
125.7		(xvi) Tax Credits - federal Earned Income Tax Credit (EITC), Minnesota Working 
Family Credit
	
125.8		(xvii) Renter's Refund (also called Renter's Property Tax Credit)

125.9125.10
	List the case number and county for every 
box you checked:
		
125.11	Case Number: ........
	County: ........
	
125.12	Case Number: ........
	County: ........
	
125.13	Case Number: ........
	County: ........
	
125.14	Government benefits also include:
		
125.15	... Social Security benefits
		
125.16	... Unemployment benefits
		
125.17	... Workers' compensation
		
125.18	... Veterans' benefits
		
125.19 	If you get any of these government benefits, include copies of any documents that show 
125.20 	you get them.
125.21 	... I get other assistance based on need that is not on the list. It comes from:
125.22 	........
125.23 	Make sure you include copies of any documents that show this.

125.24	C.
	Other Protected Funds
	
125.25
125.26		The money from these things are also completely protected after they are deposited 
in my account.
	
125.27		... Child Support
	
125.28		... A retirement, disability, or accident pension or annuity
	
125.29		... Earnings of my child who is under 18 years of age
	
125.30		... Payments to me from a life insurance policy
	
125.31
125.32
125.33
125.34		... Money paid to me from a claim for damage or destruction of property. Property 
includes household goods, farm tools or machinery, tools for my job, business 
equipment, a mobile home, a car, a musical instrument, a pew or burial lot, clothes, 
furniture, or appliances.
	
125.35		... Death benefits paid to me
	
125.36 	I give my permission to any agency that has given me cash benefits to give information 
125.37 	about my benefits to the above-named creditor, or its attorney creditor named above or to 
126.1 	the creditor's lawyer. The information will ONLY concern whether I get benefits or not, or 
126.2 	whether I have gotten them in the past six months be if I get assistance, or if I have gotten 
126.3 	assistance in the past 6 months.If I was an inmate in the last six 6 months, I give my 
126.4 	permission to the correctional institution to tell the above-named creditor named above or 
126.5 	the creditor's lawyer that I was an inmate there.
126.6 	YOU MUST SIGN AND SEND THIS FORM BACK TO THE CREDITOR'S 
126.7 	ATTORNEY (OR TO THE CREDITOR, IF NO ATTORNEY) AND THE BANK. 
126.8 	REMEMBER TO INCLUDE A COPY OF YOUR BANK STATEMENTS FOR THE 
126.9 	PAST 60 DAYS. FILL IN THE BLANKS BELOW AND GO BACK TO THE 
126.10 	INSTRUCTIONS TO MAKE SURE YOU DO IT CORRECTLY.
126.11 	You must sign this form and send it back to the creditor's lawyer (or to the creditor, 
126.12 	if there is no lawyer) and the bank. Remember to include a copy of your bank 
126.13 	statements for the past 60 days. Fill in the blanks below and go back to the instructions 
126.14 	to make sure you did it correctly.
126.15 	I have mailed or delivered a copy of this form to: the creditor (or creditor's lawyer) at 
126.16 	the address listed below.

126.17	Creditor's Signature: ........
	
126.18	(Insert name of creditor or creditor's attorney lawyer's signature)
	
126.19	Creditor's Name: ........
	
126.20	(Insert address of creditor or creditor's attorney lawyer's name)

126.21	Street Address: ........
		
126.22	City/State/Zip: ........
		
126.23	Phone: ........
	Fax: ........
	
126.24	Email: ........
		
126.25 	I have also mailed or delivered a copy of this exemption form to my bank at the address 
126.26 	listed in the instructions. below:

126.27	DATED: ........
	........
	
126.28		DEBTOR
	
126.29		........
	
126.30		DEBTOR ADDRESS
	
126.31		........
	
126.32		DEBTOR TELEPHONE NUMBER

126.33	Bank's Name: ........
		
126.34	Street Address: ........
		
127.1	City/State/Zip: ........
		
127.2	Phone: ........
	Fax: ........
		
127.3	Email: ........

127.4	Date: ........
		
127.5	Debtor's Signature: ........
		
127.6	Debtor's Name: ........
		
127.7	Street Address: ........
		
127.8	City/State/Zip: ........
		
127.9	Phone: ........
		
127.10	Email: ........

127.11 	Sec. 10. Minnesota Statutes 2024, section 551.06, subdivision 6, is amended to read:
127.12 		Subd. 6.Earnings exemption notice. Before the first levy on earnings, the attorney for 
127.13 	the judgment creditor shall serve upon the judgment debtor no less than ten days before the 
127.14 	service of the writ of execution, a notice that the writ of execution may be served on the 
127.15 	judgment debtor's employer. The notice must: (1) be substantially in the form set forth 
127.16 	below; (2) be served personally, in the manner of a summons and complaint, or by first 
127.17 	class mail to the last known address of the judgment debtor; (3) inform the judgment debtor 
127.18 	that an execution levy may be served on the judgment debtor's employer in ten days, and 
127.19 	that the judgment debtor may, within that time, cause to be served on the judgment creditor's 
127.20 	attorney a signed statement under penalties of perjury asserting an entitlement to an 
127.21 	exemption from execution; (4) inform the judgment debtor of the earnings exemptions 
127.22 	contained in section 550.37, subdivision 14; and (5) advise the judgment debtor of the relief 
127.23 	set forth in this chapter to which the judgment debtor may be entitled if a judgment creditor 
127.24 	in bad faith disregards a valid claim and the fee, costs, and penalty that may be assessed 
127.25 	against a judgment debtor who in bad faith falsely claims an exemption or in bad faith takes 
127.26 	action to frustrate the execution process. The notice requirement of this subdivision does 
127.27 	not apply to a levy on earnings being held by an employer pursuant to a garnishment 
127.28 	summons served in compliance with chapter 571.
127.29 	The ten-day notice informing a judgment debtor that a writ of execution may be used 
127.30 	to levy the earnings of an individual must be substantially in the following form:

127.31	STATE OF MINNESOTA
			DISTRICT COURT
	
127.32	COUNTY OF ........
			........JUDICIAL DISTRICT
	
127.33	........
	(Judgment Creditor)
				
127.34	against
						
128.1					EXECUTION EXEMPTION
	
128.2					NOTICE AND NOTICE OF
	
128.3	........
	(Judgment Debtor)
		INTENT TO LEVY ON EARNINGS
	
128.4	and
				WITHIN TEN DAYS
	
128.5	........
	(Third Party)
				
128.6 	PLEASE TAKE NOTICE that A levy may be served upon your employer or other third 
128.7 	parties, without any further court proceedings or notice to you, ten days or more from the 
128.8 	date hereof. Your earnings are completely exempt from execution levy if you are now a 
128.9 	recipient of relief based on need, if you have been a recipient of relief within the last six 
128.10 	months, or if you have been an inmate of a correctional institution in the last six months.
128.11 	Relief based on need includes the Minnesota Family Investment Program (MFIP), 
128.12 	Emergency Assistance (EA), Work First Program, Medical Assistance (MA), General 
128.13 	Assistance (GA), Emergency General Assistance (EGA), Minnesota Supplemental Aid 
128.14 	(MSA), MSA Emergency Assistance (MSA-EA), Supplemental Security Income (SSI), and 
128.15 	Energy Assistance.
128.16 	If you wish to claim an exemption, you should fill out the appropriate form below, sign 
128.17 	it, and send it to the judgment creditor's attorney.
128.18 	You may wish to contact the attorney for the judgment creditor in order to arrange for 
128.19 	a settlement of the debt or contact an attorney to advise you about exemptions or other 
128.20 	rights.

128.21	State of Minnesota
	District Court
	
128.22	County of: ........
	Judicial District: ........
	
128.23		Court File Number: ........
	
128.24		Case Type: ........
	
128.25	Creditor's full name:
		
128.26	........
	Execution Exemption Notice and Notice of
	
128.27	against
	Intent to Levy on Earnings
	
128.28	Debtor's full name:
		
128.29	........
		
128.30	and
		
128.31	Third Party (bank, employer, or other):
		
128.32	........
		
128.33 	Notice: A levy may be served on your employer or other third parties. A levy means that 
128.34 	part of your earnings can be taken to pay off debts that you owe. This can happen in 
129.1 	10 days or more after you get this notice. This can happen without any other court action 
129.2 	or notice to you. But some of your money may be protected.
129.3 	Your earnings cannot be taken if:
129.4 	(i) you are getting government assistance based on need,
129.5 	(ii) you got any government assistance based on need in the last 6 months, or
129.6 	(iii) you were an inmate of a correctional institution in the last 6 months.
129.7 	These are called exemptions. Your money is NOT protected unless you fill out the 
129.8 	Exemption Claim Notice attached and send it back to the creditor or the creditor's 
129.9 	lawyer. If you are not sure if you have any exemptions, talk to a lawyer.
129.10 	You can also contact the creditor or their lawyer to talk about a settlement of the debt.

129.11		Examples of government assistance based on need:
	
129.12		(i) MFIP - Minnesota Family Investment Program
	
129.13		(ii) DWP - MFIP Diversionary Work Program
	
129.14		(iii) SNAP - Supplemental Nutrition Assistance Program
	
129.15		(iv) GA - General Assistance
	
129.16		(v) EGA - Emergency General Assistance
	
129.17		(vi) MSA - Minnesota Supplemental Aid
	
129.18		(vii) MSA-EA - MSA Emergency Assistance
	
129.19		(viii) EA - Emergency Assistance
	
129.20		(ix) Energy or Fuel Assistance
	
129.21		(x) Work Participation Cash Benefit
	
129.22		(xi) MA - Medical Assistance
	
129.23		(xii) MinnesotaCare
	
129.24		(xiii) Medicare Part B - Premium Payments help
	
129.25		(xiv) Medicare Part D - Extra
	
129.26		(xv) SSI - Supplemental Security Income
	
129.27
129.28		(xvi) Tax Credits - federal Earned Income Tax Credit (EITC), Minnesota Working 
Family Credit
	
129.29		(xvii) Renter's Refund (also called Renter's Property Tax Credit)
	
129.30 	PENALTIES Warnings and Fines
129.31 	(1) Be advised that even if you claim an exemption, an execution levy may still be served 
129.32 	on your employer. If your earnings are levied on after you claim an exemption, you may 
129.33 	petition the court for a determination of your exemption. If the court finds that the 
129.34 	judgment creditor disregarded your claim of exemption in bad faith, you will be entitled 
130.1 	to costs, reasonable attorney fees, actual damages, and an amount not to exceed $100.
130.2 	Even if you claim an exemption, a levy may still be served on your employer. If they 
130.3 	take money from you after you claim an exemption, you may ask the court to review 
130.4 	your exemption. If the court finds that the creditor ignored your claim of exemption in 
130.5 	bad faith, you are entitled to costs, reasonable lawyer fees, actual damages, and a fine 
130.6 	up to $100. Bad faith is when someone does something wrong on purpose.
130.7 	(2) HOWEVER, BE WARNED if you claim an exemption, the judgment creditor can 
130.8 	also petition the court for a determination of your exemption, and if the court finds that 
130.9 	you claimed an exemption in bad faith, you will be assessed costs and reasonable 
130.10 	attorney's fees plus an amount not to exceed $100. BUT if you claim an exemption, the 
130.11 	creditor can also ask the court to review your exemption. If the court finds that you 
130.12 	claimed an exemption in bad faith, you are charged costs and reasonable lawyer fees, 
130.13 	and a fine up to $100.
130.14 	(3) If after receipt of this notice, you in bad faith take action to frustrate the execution 
130.15 	levy, thus requiring the judgment creditor to petition the court to resolve the problem, 
130.16 	you will be liable to the judgment creditor for costs and reasonable attorney's fees plus 
130.17 	an amount not to exceed $100. If you get this notice, then do something in bad faith to 
130.18 	try to block or stop the levy and the creditor has to take you to court because of it, you 
130.19 	will have to pay the creditor's costs, and reasonable lawyer's fees, and a fine up to $100.

130.20	DATED: ........
		........
	
130.21			(Attorney for Judgment Creditor)
	
130.22			........
	
130.23			Address
	
130.24			........
	
130.25			Telephone

130.26	Date: ........
		
130.27	Creditor's Signature: ........
		
130.28	(or creditor's lawyer's signature)
		
130.29	Creditor's Name: ........
		
130.30	(or creditor's lawyer's name)
		
130.31	Street Address: ........
		
130.32	City/State/Zip: ........
		
130.33	Phone: ........
	Fax: ........
	
130.34	Email: ........
		
130.35 	JUDGMENT DEBTOR'S EXEMPTION CLAIM NOTICE
131.1 	Debtor's Exemption Claim Notice
131.2 	I hereby claim that my earnings are exempt from execution because: (check all that 
131.3 	apply)
131.4 	(1) ... I am presently a recipient of reliefgetting government assistance based on need. 
131.5 	(Specify State the program, case number if you know it, and the county from which 
131.6 	relief is being received you got it from.)

131.7	........
	........
	........
	
131.8	Program
	Case Number (if known)
	County

131.9	Program: ........
	Case #: ........
	County: ........
	
131.10	Program: ........
	Case #: ........
	County: ........
	
131.11	Program: ........
	Case #: ........
	County: ........
	
131.12 	(2) ... I am not now receiving relief getting assistance based on need right now, but I 
131.13 	have received relief did get government assistance based on need within the last six 6
131.14 	months. (Specify State the program, case number if you know it, and the county from 
131.15 	which relief has been received you got it from.)

131.16	........
	........
	........
	
131.17	Program
	Case Number (if known)
	County

131.18	Program: ........
	Case #: ........
	County: ........
	
131.19	Program: ........
	Case #: ........
	County: ........
	
131.20	Program: ........
	Case #: ........
	County: ........
	
131.21 	(3) ... I have been was an inmate of a correctional institution within the last six 6 months. 
131.22 	(Specify State the correctional institution and location.)

131.23	........
	........
	
131.24	Correctional Institution........
	Location........
	
131.25 	I hereby authorize any agency that has distributed relief to me or any correctional 
131.26 	institution in which I was an inmate to disclose to the above-named judgment creditor or 
131.27 	the judgment creditor's attorney only whether or not I am or have been a recipient of relief 
131.28 	based on need or an inmate of a correctional institution within the last six months. I have 
131.29 	mailed or delivered a copy of this form to the creditor or creditor's attorney.

131.30	DATE: ........
		........
	
131.31			Judgment Debtor
	
131.32			........
	
131.33			Address
	
132.1 	I give my permission to any agency listed above to give information about my benefits to 
132.2 	the creditor named above, or to the creditor's lawyer. The information will ONLY be if I 
132.3 	get assistance, or if I have gotten assistance in the past 6 months. If I was an inmate in the 
132.4 	last 6 months, I give my permission to the correctional institution to tell the creditor named 
132.5 	above or the creditor's lawyer that I was an inmate there.

132.6	Date: ........
		
132.7	Debtor's Signature: ........
		
132.8	Debtor's Name: ........
		
132.9	Street Address: ........
		
132.10	City/State/Zip: ........
		
132.11	Phone: ........
		
132.12	Email: ........

132.13 	Sec. 11. Minnesota Statutes 2024, section 551.06, subdivision 9, is amended to read:
132.14 		Subd. 9.Notice of levy on earnings, disclosure, and worksheet. The attorney for the 
132.15 	judgment creditor shall serve upon the judgment debtor's employer a notice of levy on 
132.16 	earnings and an execution earnings disclosure form and an earnings disclosure worksheet 
132.17 	with the writ of execution, that must be substantially in the form set forth below.

132.18	STATE OF MINNESOTA
			DISTRICT COURT
	
132.19	COUNTY OF ........
			........JUDICIAL DISTRICT
	
132.20						FILE NO. ........
	
132.21	........
	(Judgment Creditor)
				
132.22	against
				NOTICE OF LEVY ON
	
132.23					EARNINGS AND DISCLOSURE
	
132.24	........
	(Judgment Debtor)
				
132.25	and
						
132.26	........
	(Third Party)
				
132.27 	PLEASE TAKE NOTICE that pursuant to Minnesota Statutes, sections 551.04 and 
132.28 	551.06, the undersigned, as attorney for the judgment creditor, hereby makes demand and 
132.29 	levies execution upon all earnings due and owing by you (up to $10,000) to the judgment 
132.30 	debtor for the amount of the judgment specified below. A copy of the writ of execution 
132.31 	issued by the court is enclosed. The unpaid judgment balance is $.....
132.32 	This levy attaches all unpaid nonexempt disposable earnings owing or to be owed by 
132.33 	you and earned or to be earned by the judgment debtor before and within the pay period in 
133.1 	which the writ of execution is served and within all subsequent pay periods whose paydays 
133.2 	occur within the 90 days after the service of this levy.
133.3 	In responding to this levy, you are to complete the attached disclosure form and worksheet 
133.4 	and mail it to the undersigned attorney for the judgment creditor, together with your check 
133.5 	payable to the above-named judgment creditor, for the nonexempt amount owed by you to 
133.6 	the judgment debtor or for which you are obligated to the judgment debtor, within the time 
133.7 	limits set forth in the aforementioned statutes.

133.8		........
	
133.9		Attorney for the Judgment Creditor
	
133.10		........
	
133.11		........
	
133.12		........
	
133.13		Address
	
133.14		(...) ........
	
133.15		Phone Number
	
133.16 	DISCLOSURE
133.17 	DEFINITIONS
133.18 	"EARNINGS": For the purpose of execution, "earnings" means compensation paid or 
133.19 	payable to an employee for personal services or compensation paid or payable to the producer 
133.20 	for the sale of agricultural products; milk or milk products; or fruit or other horticultural 
133.21 	products produced when the producer is operating a family farm, a family farm corporation, 
133.22 	or an authorized farm corporation, as defined in section 500.24, subdivision 2, whether 
133.23 	denominated as wages, salary, commission, bonus, or otherwise, and includes periodic 
133.24 	payments pursuant to a pension or retirement.
133.25 	"DISPOSABLE EARNINGS": Means that part of the earnings of an individual remaining 
133.26 	after the deduction from those earnings of amounts required by law to be withheld. (Amounts 
133.27 	required by law to be withheld do not include items such as health insurance, charitable 
133.28 	contributions, or other voluntary wage deductions.)
133.29 	"PAYDAY": For the purpose of execution, "payday(s)" means the date(s) upon which 
133.30 	the employer pays earnings to the judgment debtor in the ordinary course of business. If 
133.31 	the judgment debtor has no regular payday, payday(s) means the 15th and the last day of 
133.32 	each month.

133.33	State of Minnesota
		District Court
	
133.34	County of: ........
		Judicial District: ........
	
134.1			Court File Number: ........
	
134.2			Case Type: ........
	
134.3	Creditor's full name:
			
134.5134.4
	........
		Notice of Levy on Earnings for 
Non-Child Support Judgments
	
134.6	against
			
134.7	Debtor's full name:
			
134.8	........
			
134.9	and
			
134.10	Third Party (Debtor's Employer):
			
134.11	........
			
134.12 	To the employer:
134.13 	An employee of yours owes a judgment (money) to a creditor. The creditor's lawyer is 
134.14 	starting a levy on the earnings you owe the employee. A levy means that you might have 
134.15 	to hold part of the employee's earnings and send it to the creditor. By law, you have to do 
134.16 	this. The limit on the levy is $10,000. A copy of the writ of execution from the court is 
134.17 	enclosed. The amount of the judgment is $........
134.18 	The levy applies to "nonexempt disposable earnings" that you owe the employee. There are 
134.19 	definitions and instructions below on how to calculate the amount, if any, you have to hold. 
134.20 	The levy starts with the pay period when you got this levy. It continues for all pay periods 
134.21 	in the 90 days after you got this levy.
134.22 	You must complete the attached disclosure form and worksheet. Then mail it to the lawyer 
134.23 	listed below. If any money is owed under the levy, you must also send a check payable to 
134.24 	the creditor listed above. Follow the steps and the deadlines explained below.

134.25	Creditor's Name: ........
		
134.26	Creditor's Lawyer's Name: ........
		
134.27	Street Address: ........
		
134.28	City/State/Zip: ........
		
134.29	Phone: ........
	Fax: ........
	
134.30	Email: ........

134.31	State of Minnesota
		District Court
	
134.32	County of: ........
		Judicial District: ........
	
134.33			Court File Number: ........
	
134.34			Case Type: ........
	
134.35	Creditor's full name:
			
135.2135.1
	........
		Earnings Disclosure and Worksheet 
For Non-Child Support Judgments
	
135.3	against
			
135.4	Debtor's full name:
			
135.5	........
			
135.6	and
			
135.7	Third Party (Debtor's Employer):
			
135.8	........
			
135.9 	This form is called an "Earnings Execution Disclosure" or "Disclosure." It is for the employer 
135.10 	to fill out. The "debtor" is the person who owes money. The debtor gets a copy of this form 
135.11 	for their own information.
135.12 	The employer is the "third party." The debtor is also called a "judgment debtor." If the debtor 
135.13 	asks how the calculations in this document were made, the employer must provide 
135.14 	information about it.
135.15 	Definitions
135.16 	"Earnings": what is paid or payable to an employee, independent contractor, or 
135.17 	self-employed person for personal services (a job). Also called compensation. Compensation 
135.18 	can be wages, salary, commission, bonuses, payments, profit-sharing distributions, severance 
135.19 	payment, fees, or other. It includes periodic payments from a pension or retirement. It can 
135.20 	also be compensation paid or payable to a producer for the sale of agricultural products. 
135.21 	This can be things like milk or milk products, or fruit or other horticultural products. Or 
135.22 	things produced in the operation of a family farm, a family farm corporation, or an authorized 
135.23 	farm corporation. This is defined in Minnesota Statutes, section 500.24, subdivision 2.
135.24 	"Disposable Earnings": the part of a person's earnings that are left after subtracting 
135.25 	the amounts required by law to be withheld. Note: Amounts required by law to be withheld 
135.26 	do not include things like health insurance, charitable contributions, or other voluntary wage 
135.27 	deductions.
135.28 	"Payday": the date when the employer pays earnings to the debtor for doing their job. 
135.29 	If the debtor has no regular payday, then "payday" means the 15th and the last day of each 
135.30 	month.
135.31 	THE THIRD PARTY/EMPLOYER MUST ANSWER THE FOLLOWING 
135.32 	QUESTIONS:
136.1 	1. Do you now owe, or within 90 days from the date the execution levy was served on 
136.2 	you, will you or may you owe money to the judgment debtor for earnings? Right now, do 
136.3 	you owe money to the debtor for earnings?

136.4	Yes .....
	No .....
		
136.5 	2. Does the judgment debtor earn more than $... per week? (This amount is the greater 
136.6 	of $9.50 per hour of the federal minimum wage per week.) Within 90 days from the date 
136.7 	you were served with the levy, will you or may you owe money to the debtor for earnings?

136.8	Yes .....
	No .....
		
136.9 	3. Does the debtor earn more than the current Minnesota or federal minimum wage per 
136.10 	week? (use the number that is more)

136.11	Yes .....
	No .....
		
136.12 	INSTRUCTIONS FOR COMPLETING THE
136.13 	EARNINGS DISCLOSURE
136.14 	A. If your answer to either question 1 or 2 is "No," then you must sign the affirmation 
136.15 	on page 2 and return this disclosure to the judgment creditor's attorney within 20 days after 
136.16 	it was served on you, and you do not need to answer the remaining questions. If you answer 
136.17 	"No" to question 1, 2, or 3, you don't need to answer the rest of the questions. You don't 
136.18 	have to do the Earnings Disclosure Worksheet. Sign the Earnings Disclosure Affirmation 
136.19 	below and return this disclosure form to the sheriff. You must return it within 20 days after 
136.20 	it was served on you.
136.21 	B.If your answers to both questions 1 and 2 are "Yes," you must complete this form 
136.22 	and the Earnings Disclosure Worksheet as follows: If you answer "Yes" to question 1 or 2, 
136.23 	and "Yes" to question 3, sign the Earnings Disclosure Affirmation below. You must return 
136.24 	it to the sheriff within 20 days. You must also fill out the rest of this form. Read the 
136.25 	instructions for the Earnings Disclosure Worksheet.
136.26 	For each payday that falls within 90 days from the date the execution levy was served 
136.27 	on you, YOU MUST calculate the amount of earnings to be retained by completing steps 
136.28 	3 through 11 on page 2, and enter the amounts on the Earnings Disclosure Worksheet. 
136.29 	UPON REQUEST, THE EMPLOYER MUST PROVIDE THE DEBTOR WITH 
136.30 	INFORMATION AS TO HOW THE CALCULATIONS REQUIRED BY THIS 
136.31 	DISCLOSURE WERE MADE.
136.32 	Each payday, you must retain the amount of earnings listed in column I on the Earnings 
136.33 	Disclosure Worksheet.
137.1 	You must pay the attached earnings and return this Earnings Disclosure Form and the 
137.2 	Earnings Disclosure Worksheet to the judgment creditor's attorney and deliver a copy 
137.3 	to the judgment debtor within ten days after the last payday that falls within the 90-day 
137.4 	period.
137.5 	If the judgment is wholly satisfied or if the judgment debtor's employment ends before 
137.6 	the expiration of the 90-day period, your disclosure and remittance should be made 
137.7 	within ten days after the last payday for which earnings were attached.
137.8 	For steps 3 through 11, "columns" refers to columns on the Earnings Disclosure Worksheet.

137.9	3.
	COLUMN A.
		Enter the date of judgment debtor's payday.
	
137.10	4.
	COLUMN B.
		Enter judgment debtor's gross earnings for each payday.
	
137.11137.12	5.
	COLUMN C.
		Enter judgment debtor's disposable earnings for each 
payday.
	
137.13137.14	6.
	COLUMN D.
		Enter 25 percent of disposable earnings. (Multiply 
Column C by .25.)
	
137.15137.16
137.17
137.18
137.19
137.20
137.21
137.22	7.
	COLUMN E.
		Enter here the greater of 40 times $9.50 or 40 times the 
hourly federal minimum wage ($.......) times the number 
of work weeks included in each payday. (Note: If a pay 
period includes days in excess of whole work weeks, 
the additional days should be counted as a fraction of a 
work week equal to the number of workdays in excess 
of a whole work week divided by the number of 
workdays in a normal work week.)
	
137.23137.24	8.
	COLUMN F.
		Subtract the amount in Column E from the amount in 
Column C, and enter here.
	
137.25137.26	9.
	COLUMN G.
		Enter here the lesser of the amount in Column D and 
the amount in Column F.
	
137.27137.28
137.29
137.30
137.31
137.32
137.33
137.34
137.35
137.36
137.37	10.
	COLUMN H.
		Enter here any amount claimed by you as a setoff, 
defense, lien, or claim, or any amount claimed by any 
other person as an exemption or adverse interest which 
would reduce the amount of earnings owing to the 
judgment debtor. (Note: Any indebtedness to you 
incurred within ten days prior to your receipt of the first 
execution levy on a debt may not be set off against the 
earnings otherwise subject to this levy. Any wage 
assignment made by the judgment debtor within ten 
days prior to your receipt of the first execution levy on 
a debt is void.)
	
137.38
137.39
137.40
137.41				You must also describe your claim(s) and the claims of 
others, if known, in the space provided below the 
worksheet and state the name(s) and address(es) of these 
persons.
	
137.42
137.43
137.44				Enter zero in Column H if there are no claims by you 
or others which would reduce the amount of earnings 
owing to the judgment debtor.
	
137.45137.46
138.1
138.2
138.3
138.4	11.
	COLUMN I.
		Subtract the amount in Column H from the amount in 
Column G and enter here. This is the amount of earnings 
that you must retain for the payday for which the 
calculations were made. The total of all amounts entered 
in Column I is the amount to be remitted to the attorney 
for the judgment creditor.
	
138.5 	Earnings Disclosure Affirmation
138.6 	I, ................... (person signing Affirmation), am the third party/employer or I am 
138.7 	authorized by the third party/employer to complete this earnings disclosure, and have done 
138.8 	so truthfully and to the best of my knowledge.

138.9	Dated: ........
		........
	
138.10			Signature
	
138.11			........
	
138.12			Title
	
138.13			........
	
138.14			Telephone Number
	
138.15 	EARNINGS DISCLOSURE WORKSHEET
138.16 	...................
138.17 	Judgment Debtor's Name

138.18	Date: ........
		
138.19	Third Party's Name: ........
		
138.20	Third Party's Signature: ........
		
138.21	Phone: ........
	Fax: ........
		
138.22	Email: ........
		
138.23 	Instructions for Completing the Earnings Disclosure Worksheet
138.24 	For each payday that falls within 90 days from the date the levy was served on you, you 
138.25 	must calculate the amount of earnings to be withheld. Enter the amounts on the Earnings 
138.26 	Disclosure Worksheet.
138.27 	You must:
138.28 	1. Withhold the amount of earnings listed in column I on the Earnings Disclosure 
138.29 	Worksheet each payday.
138.30 	2. After 90 days, return this Earnings Disclosure Worksheet to the sheriff. Include all 
138.31 	the money withheld. Sign the Affirmation at the end of the worksheet before returning.
138.32 	3. Deliver a copy of the disclosure and worksheet to the debtor within 10 days after the 
138.33 	last payday that falls within the 90-day period.
139.1 	If the debt (judgment) is fully paid off or if the debtor's job ends before the 90-day period 
139.2 	is over, you need to do the last disclosure and withholdings within 10 days of their last 
139.3 	payday that you withheld money.
139.4 	Calculating Percentage of Disposable Earnings
139.5 	Note to Creditor: You must fill out this chart before sending this form to the employer. 
139.6 	Use the current minimum wage found online at: https://www.dli.mn.gov/minwage.
139.7 	Minimum Wage = $MW/hour.

139.9139.8
		if the weekly gross earnings are:
	then this percentage of the disposable 
earnings are withheld:
		
139.10		Less than [40 X MW]
	0%
		
139.11		[40 X MW + .01] to [60 X MW]
	10%
		
139.12		[60 X MW + .01] to [80 X MW]
	15%
		
139.13		[80 X MW + .01] or more
	25%
		
139.14 	Employer: Use this creditor's calculation chart to know what percentage of earnings 
139.15 	should be withheld.
139.16 	Earnings Disclosure Worksheet

139.17	........
		
139.18	Debtor's Name

139.19	A
			B
		C
	
139.20139.21	Payday Date
		Gross Earnings
		Disposable 
Earnings

139.22	1.
	........
		$........
		$........
	
139.23	2.
	........
		........
		........
	
139.24	3.
	........
		........
		........
	
139.25	4.
	........
		........
		........
	
139.26	5.
	........
		........
		........
	
139.27	6.
	........
		........
		........
	
139.28	7.
	........
		........
		........
	
139.29	8.
	........
		........
		........
	
139.30	9.
	........
		........
		........
	
139.31	10.
	........
		........
		........
	
139.32 	Column A. Enter the debtor's payday.
139.33 	Column B. Enter the debtor's gross earnings for each payday.
139.34 	Column C. Enter the debtor's disposable earnings for each payday.

140.1	D
			E
		F
	
140.2
140.3
140.4
140.5	25% of withholding 
of Column C
(Use the creditor's 
calculation chart)
		Greater of 40 X 
$9.50 or 40 X
MN or Fed. 
Min. Wage
		Column C 
minus Column E
	
140.6	1.
	........
		........
		........
	
140.7	2.
	........
		........
		........
	
140.8	3.
	........
		........
		........
	
140.9	4.
	........
		........
		........
	
140.10	5.
	........
		........
		........
	
140.11	6.
	........
		........
		........
	
140.12	7.
	........
		........
		........
	
140.13	8.
	........
		........
		........
	
140.14	9.
	........
		........
		........
	
140.15	10.
	........
		........
		........
	
140.16 	Column D. Enter the percentage of disposable earnings that will be withheld. Get this 
140.17 	number from the creditor's calculation chart.
140.18 	Column E. Calculate 40 times the current Minnesota minimum wage (or 40 times the 
140.19 	current federal minimum wage) times the number of work weeks in each payday. Enter the 
140.20 	bigger number here. Note: If a payday has extra days that are more than a full work week, 
140.21 	count those extra days as part of a work week. Do this by dividing the number of extra 
140.22 	workdays by the number of workdays in a normal week.
140.23 	Column F. Subtract the amount in Column E from the amount in Column C and enter 
140.24 	here.

140.25	G
			H
		I
	
140.28
140.29140.26
140.27
	Lesser of Column D 
and Column F
		Setoff, Lien, 
Adverse 
Interest, or 
Other Claims
		Column G 
minus Column 
H
	
140.30	1.
	........
		........
		........
	
140.31	2.
	........
		........
		........
	
140.32	3.
	........
		........
		........
	
140.33	4.
	........
		........
		........
	
140.34	5.
	........
		........
		........
	
140.35	6.
	........
		........
		........
	
140.36	7.
	........
		........
		........
	
140.37	8.
	........
		........
		........
	
140.38	9.
	........
		........
		........
	
141.1	10.
	........
		........
		........
	
141.2				TOTAL OF COLUMN I
	$........
	
141.3 	Column G. Look at column D and column F. Enter the smaller amount of the two here 
141.4 	in column G.
141.5 	Column H. Enter any amount claimed by you that would lower the amount of earnings 
141.6 	that will go to the debtor. Things like:
141.7 	(i) a setoff,
141.8 	(ii) a defense,
141.9 	(iii) a lien,
141.10 	(iv) a claim, or
141.11 	(v) any amount claimed by any other person as an exemption or adverse interest.
141.12 	Note: You must describe your claim(s) and the claims of others, if known, in the spaces 
141.13 	after this worksheet.
141.14 	Enter zero in column H if there are no claims by you or others which would lower the 
141.15 	amount of earnings owed to the debtor.
141.16 	Note: Any debt that happened within 10 days before you got the first levy on a debt 
141.17 	may not be set off against the earnings that are affected by this levy. Any wage assignment 
141.18 	made by the debtor within 10 days before you got the first levy on a debt is void. Wage 
141.19 	assignment is when a debtor voluntarily agrees to money being taken out of their earnings.
141.20 	Column I. Subtract the amount in column H from the amount in column G and enter 
141.21 	here. This is the amount of earnings that go to the creditor.
141.22 	*If you entered any amount in Column H for any payday(s), you must describe below 
141.23 	either your claims, or the claims of others. For amounts claimed by others, you must both 
141.24 	state the names and addresses of these persons, and the nature of their claim, if known.
141.25 	payday, describe those claims below. It doesn't matter if they are your claims, or the claims 
141.26 	of others. For claims by others, list the names and addresses of each, and describe their 
141.27 	claims, if you know.
141.28 	........
141.29 	........
141.30 	........
141.31 	........
142.1 	Earnings Worksheet Affirmation
142.2 	I, ................. (person signing Affirmation), am the third party/employer or I am authorized 
142.3 	by the third party/employer to complete this earnings disclosure worksheet, and have done 
142.4 	so truthfully and to the best of my knowledge.

142.5			........
	
142.6			Title
	
142.7	Dated: ........
	........
	(...) ........
	
142.8		Signature
	Phone Number

142.9	Date: ........
		
142.10	Third Party's Name: ........
		
142.11	Third Party's Signature: ........
		
142.12	Phone: ........
	Fax: ........
		
142.13	Email: ........

142.14 	Sec. 12. Minnesota Statutes 2024, section 571.72, subdivision 8, is amended to read:
142.15 		Subd. 8.Exemption notice. In every garnishment where the debtor is a natural person, 
142.16 	the debtor shall be provided with a garnishment exemption notice. If the creditor is garnishing 
142.17 	earnings, the earnings exemption notice provided in section 571.924 must be served ten or 
142.18 	more days before the service of the first garnishment summons. If the creditor is garnishing 
142.19 	funds in a financial institution, the exemption notice provided in section 571.912 must be 
142.20 	served with the garnishment summons. In all other cases, the exemption notice must be in 
142.21 	the following form and served on the debtor with a copy of the garnishment summons.

142.22	STATE OF MINNESOTA
		DISTRICT COURT
	
142.23	COUNTY OF ........
		........JUDICIAL DISTRICT
	
142.24	........(Creditor)
			
142.25	against
			
142.26	........(Debtor)
		EXEMPTION NOTICE
	
142.27	and
			
142.28	........(Garnishee)

142.29	State of Minnesota
		District Court
	
142.30	County of: ........
		Judicial District: ........
	
142.31			Court File Number: ........
	
142.32			Case Type: ........
	
142.33	Creditor's full name
			
142.34	........
		Exemption Notice
	
143.1	against
			
143.2	Debtor's full name
			
143.3	........
			
143.4	and
			
143.5	Third Party (bank, employer, or other)
			
143.6	........
			
143.7 	A Garnishment Summons is being served upon on you. This means a creditor with a court 
143.8 	judgment against you wants to take some of your money or property to pay the judgment. 
143.9 	Some of your property may be exempt and cannot can't be garnished taken. 'Exempt' means 
143.10 	protected. The following is a list of some of the more common exemptions. It is not a 
143.11 	complete and is subject to list. For full details and dollar amounts set by law see section 
143.12 	550.37 of the Minnesota Statutes and other state and federal laws. The dollar amounts 
143.13 	contained in this list are subject to the provisions of section 550.37, subdivision 4a, at the 
143.14 	time of garnishment. If you have questions about an exemption, you should obtain contact 
143.15 	a lawyer for legal advice.
143.16 	These things you or your family might have are protected:
143.17 	(1) a homestead or the proceeds from the sale of a homestead equity in your home, or 
143.18 	money from recently selling your home - up to $510,000 total;
143.19 	(2)(i) all clothing, one watch, utensils, and foodstuffs;
143.20 	(ii) household furniture, household appliances, phonographs, radios, and computers, 
143.21 	tablets, televisions up to a total current value of $5,850;, printers, cell phones, smart phones, 
143.22 	and other consumer electronics up to $12,150 in all; and
143.23 	(iii) jewelry - total value can't be more than $3,308;
143.24 	(3) a manufactured (mobile) home used as your home you live in;
143.25 	(4) one motor vehicle currently worth less than $2,600 after deducting any security 
143.26 	interest;, counting only the amount you have paid off:
143.27 	(i) $10,000;
143.28 	(ii) $12,500 if it is necessary for your business, trade, or profession;
143.29 	(iii) $25,000 if used by or to help someone with a disability that makes it hard to walk; 
143.30 	or
143.31 	(iv) $100,000 if designed or modified for someone with a disability that makes it hard 
143.32 	to walk;
144.1 	(5) farm machinery used by an individual principally engaged in farming, or if your 
144.2 	main business is farming. Tools, machines, or office furniture used in your business or trade. 
144.3 	This exemption is limited to - the total value can't be more than $13,000;
144.4 	(6) relief based on need. This includes:
144.5 	(i) MFIP - Minnesota Family Investment Program (MFIP) and Work First Program;
144.6 	(ii) DWP - MFIP Diversionary Work Program;
144.7 	(ii) Medical Assistance (MA);
144.8 	(iii) SNAP - Supplemental Nutrition Assistance Program;
144.9 	(iii) (iv) GA - General Assistance (GA);
144.10 	(iv) (v) EGA - Emergency General Assistance (EGA);
144.11 	(v) (vi) MSA - Minnesota Supplemental Aid (MSA);
144.12 	(vi) MSA-Emergency (vii) MSA-EA - MSA Emergency Assistance (MSA-EA);
144.13 	(vii) Supplemental Security Income (SSI);
144.14 	(viii) Energy Assistance; and
144.15 	(ix) (viii) EA - Emergency Assistance (EA);
144.16 	(ix) Energy or Fuel Assistance;
144.17 	(x) Work Participation Cash Benefit;
144.18 	(xi) MA - Medical Assistance;
144.19 	(xii) MinnesotaCare;
144.20 	(xiii) Medicare Part B - Premium Payments help;
144.21 	(xiv) Medicare Part D - Extra;
144.22 	(xv) SSI - Supplemental Security Income;
144.23 	(xvi) Tax Credits - federal Earned Income Tax Credit (EITC), Minnesota Working 
144.24 	Family Credit; and
144.25 	(xvii) Renter's Refund (also called Renter's Property Tax Credit);
144.26 	(7) wages. 100% is protected if you get government assistance based on need. Otherwise, 
144.27 	between 75-100% is protected depending on how much you earn;
145.1 	(8) retirement benefits - the total interest under all plans and contracts can't be more than 
145.2 	$81,000;
145.3 	(7) (9) Social Security benefits;
145.4 	(8) (10) unemployment benefits, workers' compensation, or veteran's veterans' benefits;
145.5 	(9) an accident, disability, or retirement (11) a retirement, disability, or accident pension 
145.6 	or annuity;
145.7 	(10) (12) life insurance proceeds that are not more than $54,000;
145.8 	(11) (13) earnings of your minor child; and
145.9 	(12) (14) money from a claim for damage or destruction of exempt property (such as - 
145.10 	like household goods, farm tools, business equipment, a manufactured (mobile) home, or 
145.11 	a car). car;
145.12 	(15) sacred possessions - like the Bible, Torah, Qur'an, prayer rug, and other religious 
145.13 	items. Total value can't be more than $2,000;
145.14 	(16) personal library - total value can't be more than $750;
145.15 	(17) musical instruments - total value can't be more than $2,000;
145.16 	(18) family pets - current value can't be more than $1,000;
145.17 	(19) a seat or pew in any house or place of public worship and a lot in any burial ground;
145.18 	(20) tools you need to work in your business or profession - the total value can't be more 
145.19 	than $13,500;
145.20 	(21) household tools and equipment - things like hand and power tools, snow removal 
145.21 	equipment, lawnmowers, and more. Total value can't be more than $3,000; and
145.22 	(22) health savings accounts, medical savings accounts - the total value can't be more 
145.23 	than $25,000.

145.24 	Sec. 13. Minnesota Statutes 2024, section 571.72, subdivision 10, is amended to read:
145.25 		Subd. 10.Exemption notice for prejudgment garnishment.
 145.26 	Exemption Notice
145.27 	Important Notice: A garnishment summons may be served on your employer, bank, 
145.28 	or other third parties. This can happen without any further court proceeding or notice to 
145.29 	you. See the attached Notice of Intent to Garnish for more information.
146.1 	The following money and wages Some of your money in your account may be 
146.2 	protected (the legal word is exempt) from garnishment:.
146.3 	1. Financial institutions/bank
146.4 	Some of the money in your account may be protected because you receive government 
146.5 	benefits from one or more of the following places:
146.6 	Earnings (Wages)
146.7 	ALL or SOME of my wages may be protected.
146.8 	... Some of my wages are protected because they were only deposited in my account in 
146.9 	the last 20 days.
146.10 	For wages that were deposited in your account within the last 20 days, the amount protected 
146.11 	is whichever is more:
146.12 	(i) 75 percent of your wages or more (after taxes are taken out), or
146.13 	(ii) The current minimum wage times 40 per week. You can find the current minimum 
146.14 	wage here: https://www.dli.mn.gov/minwage.
146.15 	All of my wages are protected because:
146.16 	... I get government benefits (a list of government benefits is on the next page)
146.17 	... I am getting other assistance based on need
146.18 	... I have gotten government benefits in the last 6 months
146.19 	... I was in jail or prison in the last 6 months
146.20 	If you check one of these four boxes, your wages are only protected for 60 days after they 
146.21 	are deposited in your account. You MUST send the creditor copies of bank statements
146.22 	that show what was in your account for the 60 days right before the bank froze your 
146.23 	money.
146.24 	Government Benefits
146.25 	Government benefits can include many things. For example:
146.26 	... MFIP - Minnesota Family Investment Program,
146.27 	... DWP - MFIP Diversionary Work Program,
146.28 	Work participation cash benefit,
146.29 	... SNAP - Supplemental Nutrition Assistance Program
147.1 	... GA - General Assistance,
147.2 	... EGA - Emergency General Assistance
147.3 	... MSA - Minnesota Supplemental Aid
147.4 	... MSA-EA - MSA Emergency Assistance
147.5 	... EA - Emergency Assistance,
147.6 	... Energy or Fuel Assistance
147.7 	... Work Participation Cash Benefit
147.8 	... MA - Medical Assistance,
147.9 	EGA - emergency general assistance or county crisis funds,
147.10 	MSA - Minnesota supplemental aid,
147.11 	MSA-EA - MSA emergency assistance,
147.12 	Supplemental Nutrition Assistance Program (SNAP),
147.13 	SSI - Supplemental Security Income,
147.14 	... MinnesotaCare,
147.15 	... Medicare Part B - Premium Payments, help
147.16 	... Medicare Part D - Extra help,
147.17 	... SSI - Supplemental Security Income
147.18 	Energy or fuel assistance,
147.19 	... Tax Credits - federal Earned Income Tax Credit (EITC), Minnesota Working Family 
147.20 	Credit
147.21 	... Renter's Refund (also called Renter's Property Tax Credit)
147.22 	List the case number and county for every box you checked:

147.23	Case Number: ........
	County: ........
	
147.24	Case Number: ........
	County: ........
	
147.25	Case Number: ........
	County: ........
	
147.26 	Government benefits also include:
147.27 	... Social Security benefits,
147.28 	... Unemployment benefits,
148.1 	... Workers' compensation,
148.2 	Veterans ... Veterans' benefits.
148.3 	Sending the creditor's attorney (or creditor, if no attorney) a copy of BANK 
148.4 	STATEMENTS that show what was in your account for the past 60 days may give the 
148.5 	creditor enough information about your exemption claim to avoid a garnishment.
148.6 	2. Earnings
148.7 	All or some of your earnings may be completely protected from garnishment if:
148.8 	All of your earnings (wages) may be protected if:
148.9 	You get government benefits (see list of government benefits)
148.10 	You currently receive other assistance based on need
148.11 	You have received government benefits in the last six months
148.12 	You were in jail or prison in the last six months
148.13 	Your wages are only protected for 60 days after they are deposited in your account so 
148.14 	it would be helpful if you immediately send the undersigned creditor a copy of BANK 
148.15 	STATEMENTS that show what was in your account for the past 60 days.
148.16 	Some of your earnings (wages) may be protected if:
148.17 	If all of your earnings are not exempt, some of your earnings may still be protected for 
148.18 	20 days after they were deposited in your account. The amount protected is the larger amount 
148.19 	of:
148.20 	75 percent of your wages (after taxes are taken out); or
148.21 	(insert the sum of the current federal minimum wage) multiplied by 40.
148.22 	If you get any of these government benefits, include copies of any documents that show 
148.23 	you get them.
148.24 	... I get other assistance based on need that is not on the list. It comes from:........
148.25 	........
148.26 	Make sure you include copies of any documents that show this.
148.27 	Other Protected Funds
148.28 	The money from the following these things are also exempt for 20 days completely 
148.29 	protected after they are deposited in your my account.
149.1 	... Child Support
149.2 	An accident, disability, or retirement ... A retirement, disability, or accident pension 
149.3 	or annuity
149.4 	Payments to you from a life insurance policy
149.5 	... Earnings of your my child who is under 18 years of age
149.6 	... Payments to me from a life insurance policy
149.7 	Child support
149.8 	... Money paid to you me from a claim for damage or destruction of property. Property 
149.9 	includes household goods, farm tools or machinery, tools for your my job, business 
149.10 	equipment, a mobile home, a car, a musical instrument, a pew or burial lot, clothes, furniture, 
149.11 	or appliances.
149.12 	... Death benefits paid to you. me
149.13 	You WILL BE ABLE TO can claim these exemptions when you RECEIVE get a 
149.14 	notice. You will get the notice at least ten 10 days BEFORE a wage garnishment. BUT if 
149.15 	the creditor garnishes your bank account, you will not won't get the notice until AFTER the 
149.16 	account has been frozen. If you believe the money in your bank account or your wages are 
149.17 	exempt, YOU SHOULD IMMEDIATELY contact the person below right away. YOU 
149.18 	SHOULD Tell them why you think your account or wages are exempt to see if you can 
149.19 	avoid garnishment.

149.20	Creditor ........
	
149.21	Creditor Address ........
	
149.22	Creditor telephone number ........

149.23	Creditor's Name: ........
		
149.24	(or creditor's lawyer's name)
		
149.25	Street Address: ........
		
149.26	City/State/Zip: ........
		
149.27	Phone: ........
	Fax: ........
		
149.28	Email: ........

149.29 	Sec. 14. Minnesota Statutes 2024, section 571.74, is amended to read:
149.30 	571.74 GARNISHMENT SUMMONS AND NOTICE TO DEBTOR.
149.31 	The garnishment summons and notice to debtor must be substantially in the following 
149.32 	form. The notice to debtor must be in no smaller than 14-point type.

150.1	GARNISHMENT SUMMONS
	
150.2	STATE OF MINNESOTA
		DISTRICT COURT
	
150.3	COUNTY OF ........
		........ JUDICIAL DISTRICT
	
150.4	........ (Creditor)
			
150.5	........ (Debtor)
		UNPAID BALANCE ........
	
150.6	........ (Debtor's Address)
		Date of Entry
	
150.7150.8	........ (Garnishee)
		of Judgment (or) Subject to Minnesota 
Statutes, section 571.71, clause (2)

150.9	State of Minnesota
		District Court
	
150.10	County of: ........
		Judicial District: ........
	
150.11			Court File Number: ........
	
150.12			Case Type: ........
	
150.13	Creditor's full name
			
150.14	........
		Garnishment Summons
	
150.15	and
			
150.16	Debtor's full name
			
150.17	........
			
150.18	Third Party (bank, employer, or other)
			
150.19	........
			
150.20	Unpaid Balance: ........
			
150.21 	GARNISHMENT SUMMONS
150.22 	The State of Minnesota
150.23 	To the Garnishee Third Party (garnishee) named above:
150.24 	You are hereby summoned and required to serve upon the creditor's attorney (or the 
150.25 	creditor if not represented by an attorney) and on the debtor within 20 days after service of 
150.26 	this garnishment summons upon you, a written disclosure, of the nonexempt indebtedness, 
150.27 	money, or other property due or belonging to the debtor and owing by you or in your 
150.28 	possession or under your control and answers to all written interrogatories that are served 
150.29 	with the garnishment summons. However, if the garnishment is on earnings and the debtor 
150.30 	has garnishable earnings, you shall serve the completed disclosure form on the creditor's 
150.31 	attorney, or the creditor if not represented by an attorney, within ten days of the last payday 
150.32 	to occur within the 90 days after the date of the service of this garnishment summons. 
150.33 	"Payday" means the day which you pay earnings in the ordinary course of business. If the 
150.34 	debtor has no regular paydays, "payday" means the 15th day and the last day of each month.
151.1 	Your disclosure need not exceed 110 percent of the amount of the creditor's claim that 
151.2 	remains unpaid.
151.3 	You shall retain garnishable earnings, other indebtedness, money, or other property in 
151.4 	your possession in an amount not to exceed 110 percent of the creditor's claim until such 
151.5 	time as the creditor causes a writ of execution to be served upon you, until the debtor 
151.6 	authorizes you in writing to release the property to the creditor, or until the expiration of 
151.7 	...... days from the date of service of this garnishment summons upon you, at which time 
151.8 	you shall return the disposable earnings, other indebtedness, money, or other property to 
151.9 	the debtor.
151.10 	A court has ordered that you must serve a written statement to the creditor (or to the 
151.11 	creditor's lawyer). You must do this within 20 days after you get this notice. Your written 
151.12 	statement should include any money, or other property of the debtor that you have or owe 
151.13 	to them. It should also include answers to any questions that are in this summons.
151.14 	But, if the garnishment is on earnings and the debtor has earnings that can be garnished, 
151.15 	fill out the completed disclosure form. Then serve it on the creditor (or the creditor's lawyer). 
151.16 	It must be served within 10 days of the last payday within the 90 days after the date you 
151.17 	got this summons. If the debtor has no regular paydays, "payday" means the 15th day and 
151.18 	the last day of each month.
151.19 	You don't have to disclose more than 110% of the unpaid amount that is owed to the 
151.20 	creditor. Keep earnings that can be garnished, other indebtedness, money, or other property 
151.21 	in your possession in an amount not to exceed 110 percent of the creditor's claim. Keep this 
151.22 	until:
151.23 	(i) the creditor has a writ of execution served on you;
151.24 	(ii) the debtor gives you permission in writing to release the property to the creditor; or
151.25 	(iii) it's been ... days from the day you got this garnishment summons.
151.26 	Then you give the debtor back the disposable earnings, other indebtedness, money, or other 
151.27 	property.
151.28 	Earnings
151.29 	In the event If you are summoned as a garnishee because you owe "earnings" (as defined 
151.30 	on the Earnings Garnishment Disclosure form attached to this Garnishment Summons, if 
151.31 	applicable) to the debtor, then you are required to must serve upon the creditor's attorney, 
151.32 	or the creditor if not represented by an attorney, a written an Earnings Disclosure Form 
151.33 	within on the creditor (or the creditor's lawyer). The Earnings Disclosure Form must be in 
152.1 	writing and must be served in the time limit set forth above. "Earnings" are defined on the 
152.2 	Earnings Garnishment Disclosure Form attached to this Garnishment Summons.
152.3 	In the case of earnings, you are further required to retain in your possession must keep
152.4 	all unpaid, nonexempt disposable earnings owed or to be owed by you and earned or to be 
152.5 	earned that you owe or will owe to the debtor within during the pay period in which when
152.6 	this garnishment summons notice is served and within all subsequent pay periods whose 
152.7 	paydays (defined above) occur within the 90 days after the date of service of this garnishment 
152.8 	summons delivered and for all pay periods within 90 days after this notice is served.
152.9 	Any assignment of earnings made by the debtor to any party within ten days before the 
152.10 	receipt of the first garnishment on a debt is void. Any indebtedness to you incurred by the 
152.11 	debtor within the ten days before the receipt of the first garnishment on a debt may not be 
152.12 	set off against amounts otherwise subject to the garnishment.
152.13 	Any transfer of earnings made by the debtor to someone else within 10 days before the 
152.14 	first garnishment notice is invalid. Any debt the debtor owes you from within those 10 days 
152.15 	can't be used to lower the amount that can be garnished.
152.16 	You are prohibited By law from discharging or disciplining you can't fire or discipline
152.17 	the debtor because the debtor's their earnings have been subject to garnishment.
152.18 	This Garnishment Summons includes:
152.19 	(check applicable box the boxes that apply)

152.20	........
		Earnings garnishment (see attached Earnings Disclosure Form)
		
152.21	........
		Nonearnings garnishment (see attached Nonearnings Disclosure Form)
		
152.22152.23	........
		Both Earnings and Nonearnings garnishment (see both attached Earnings and 
Nonearnings Disclosure Form)
		
152.24 	Notice to Debtor
152.25 	You are being served copies of a Garnishment Summons, Earnings Garnishment 
152.26 	Disclosure Form, Nonwage Garnishment Disclosure Form, Garnishment Exemption Notices 
152.27 	and/or written Interrogatories (strike out if not applicable),. Copies of which are hereby 
152.28 	served on you, were served upon the Garnishee by delivering copies these same documents 
152.29 	were also delivered to the Garnishee. The Garnishee was paid $15.

152.30	Dated: ........
		........
		
152.31			Attorney for Creditor (or creditor)
		
152.32			........
		
152.33			........
		
153.1			........
		
153.2			Address
		
153.3			........
		
153.4			Telephone
		
153.5			........
		
153.6			Attorney I.D. No

153.7	Date: ........
		
153.8	Creditor's Signature: ........
		
153.9	(or creditor's lawyer's signature)
		
153.10	Creditor's Name: ........
		
153.11	(or creditor's lawyer's name)
		
153.12	Street Address: ........
		
153.13	City/State/Zip: ........
		
153.14	Phone: ........
	Fax: ........
		
153.15	Email: ........

153.16 	Sec. 15. Minnesota Statutes 2024, section 571.75, subdivision 2, is amended to read:
153.17 		Subd. 2.Contents of disclosure. The disclosure must state:
153.18 	(a) If an earnings garnishment disclosure, the amount of disposable earnings earned by 
153.19 	the debtor within the debtor's pay periods as specified in section 571.921.
153.20 	(b) If a nonearnings garnishment disclosure, a description of any personal property or 
153.21 	any instrument or papers relating to this property belonging to the judgment debtor or in 
153.22 	which the debtor is interested or other indebtedness of the garnishee to the debtor.
153.23 	(c) If the garnishee asserts any setoff, defense, claim, or lien on disposable earnings, 
153.24 	other indebtedness, money, or property, the garnishee shall disclose the amount and the 
153.25 	facts concerning the same.
153.26 	(d) Whether the debtor asserts any exemption, or any other objection, known to the 
153.27 	garnishee against the right of the creditor to garnish the disposable earnings, other 
153.28 	indebtedness, money, or property disclosed.
153.29 	(e) If other persons assert claims to any disposable earnings, other indebtedness, money, 
153.30 	or property disclosed, the garnishee shall disclose the names and addresses of these claimants 
153.31 	and, so far as known by the garnishee, the nature of their claims.
153.32 	(f) The garnishment disclosure forms and earnings disclosure worksheet must be the 
153.33 	same or substantially similar to the following forms. If the garnishment affects earnings of 
154.1 	the debtor, the creditor shall use the earnings garnishment disclosure form. If the garnishment 
154.2 	affects any indebtedness, money, or property of the debtor, other than earnings, the creditor 
154.3 	shall use the nonearnings garnishment disclosure form. Nothing contained in this paragraph 
154.4 	limits the simultaneous use of the earnings and nonearnings garnishment disclosure forms.
154.5 	EARNINGS DISCLOSURE FORM AND WORKSHEET

154.6	STATE OF MINNESOTA
		DISTRICT COURT
	
154.7	COUNTY OF ........
		........ JUDICIAL DISTRICT
	
154.8	........ (Creditor)
			
154.9	........ (Debtor)
		GARNISHMENT
	
154.10	........ (Garnishee)
		EARNINGS DISCLOSURE

154.11	State of Minnesota
		District Court
	
154.12	County of: ........
		Judicial District: ........
	
154.13			Court File Number: ........
	
154.14			Case Type: ........
	
154.15	Creditor's full name
			
154.16	........
		Garnishment Earnings Disclosure
	
154.17	and
		For Non-Child Support Judgments
	
154.18	Debtor's full name
			
154.19	........
			
154.20	Third Party (bank, employer, or other)
			
154.21	........
			
154.22 	This form is called a "Garnishment Earnings Disclosure" or "Disclosure." It is for the 
154.23 	employer to fill out. The "debtor" is the person who owes money. The debtor gets a copy 
154.24 	of this form for their own information. The debtor is also called a "judgment debtor."
154.25 	The "creditor" is the party owed the money. The creditor is also called a "judgment 
154.26 	creditor."
154.27 	The "employer" is the "third party" or "garnishee." If the debtor asks how the calculations 
154.28 	in this document were made, the employer must provide information about it.
154.29 	Definitions
154.30 	"Earnings": For the purpose of garnishment, "earnings" means compensation what is
154.31 	paid or payable to an employee, independent contractor or self-employed person for personal 
154.32 	services or (a job). Also called compensation. Compensation can be wages, salary, 
154.33 	commission, bonus, payments, profit-sharing distributions, severance payment, fees or 
154.34 	other. It includes periodic payments from a pension or retirement. It can also be compensation
155.1 	paid or payable to the a producer for the sale of agricultural products;. This can be things 
155.2 	like milk or milk products;, or fruit or other horticultural products. Or things produced when 
155.3 	the producer is operating in the operation of a family farm, a family farm corporation, or 
155.4 	an authorized farm corporation, as. This is defined in section 500.24, subdivision 2, whether 
155.5 	denominated as wages, salary, commission, bonus, or otherwise, and includes periodic 
155.6 	payments pursuant to a pension or retirement.
155.7 	"Disposable Earnings": Means that the part of the a person's earnings of an individual 
155.8 	remaining after the deduction from those earnings of that are left after subtracting the
155.9 	amounts required by law to be withheld. (AmountsNote: Amounts required by law to be 
155.10 	withheld do not include items such as things like health insurance, charitable contributions, 
155.11 	or other voluntary wage deductions.)
155.12 	"Payday": For the purpose of garnishment, "payday(s)" means the date(s) upon which
155.13 	the date when the employer pays earnings to the debtor in the ordinary course of business
155.14 	for doing their job. If the debtor has no regular payday, payday(s) then "payday" means the 
155.15 	fifteenth 15th and the last day of each month.
155.16 	The Employer/Garnishee Must Answer The Following Questions:
155.17 	1. Do you Right now owe, or within 90 days from the date the garnishment summons 
155.18 	was served on you, will you or, do you expect to owe money to the debtor for earnings?

155.19		Yes .....
		No .....

155.20		Yes .....
		No .....
		
155.21 	2. Within 90 days from the date you were served with the garnishment, will you or may 
155.22 	you owe money to the debtor for earnings?

155.23		Yes .....
		No .....
		
155.24 	2 3. Does the debtor earn more than $........ per week? (This amount is the greater of 
155.25 	$9.50 per hour or the current Minnesota or federal minimum wage per week.)? (use the 
155.26 	number that is more)

155.27		Yes .....
		No .....

155.28		Yes .....
		No .....
		
155.29 	INSTRUCTIONS FOR COMPLETING THE
155.30 	EARNINGS DISCLOSURE
155.31 	A. If your answer to either question 1 or 2 is "No," then you must sign the affirmation 
155.32 	on Page 2 and return this disclosure to the creditor's attorney (or the creditor if not represented 
156.1 	by an attorney) within 20 days after it was served on you, and you do not need to answer 
156.2 	the remaining questions.
156.3 	B. If your answers to both questions 1 and 2 are "Yes," you must complete this form 
156.4 	and the Earnings Disclosure Worksheet as follows:
156.5 	A. If you answer "No" to question 1, 2, or 3, you don't need to answer the rest of the 
156.6 	questions. You don't have to do the Earnings Disclosure Worksheet. Sign the Earnings 
156.7 	Disclosure Affirmation below and return this disclosure form to the creditor's attorney (or 
156.8 	the creditor if not represented by an attorney). You must return it within 20 days after it 
156.9 	was served on you.
156.10 	B. If you answer "Yes" to question 1 or 2, and "Yes" to question 3, sign the Earnings 
156.11 	Disclosure Affirmation below. You must return it to the creditor's attorney (or the creditor 
156.12 	if not represented by an attorney) within 20 days. You must also fill out the rest of this form. 
156.13 	Read the instructions for the Earnings Disclosure Worksheet.
156.14 	Earnings Disclosure Affirmation
156.15 	I, ........................ (person signing Affirmation), am the third party/employer or I am 
156.16 	authorized by the third party/employer to complete this earnings disclosure and have done 
156.17 	so truthfully and to the best of my knowledge.

156.18	Date: ........
		
156.19	Signature of Third Party/Employer:
		
156.20	........
		
156.21	Title: ........
		
156.22	Phone: ........
		
156.23 	Instructions for Completing the Earnings Disclosure Worksheet
156.24 	For each payday that falls within 90 days from the date the garnishment summons was 
156.25 	served on you, you must calculate the amount of earnings to be retained by completing 
156.26 	Steps 3 through 11, and enter the amounts on the Earnings Disclosure Worksheet. UPON 
156.27 	REQUEST, THE EMPLOYER MUST PROVIDE THE DEBTOR WITH 
156.28 	INFORMATION AS TO HOW THE CALCULATIONS REQUIRED BY THIS 
156.29 	DISCLOSURE WERE MADE. withheld. Enter the amounts on the Earnings Disclosure 
156.30 	Worksheet.
156.31 	Each payday, you must retain the amount of earnings listed in Column I on the Earnings 
156.32 	Disclosure Worksheet.
157.1 	You must return this Earnings Disclosure Form and the Earnings Disclosure Worksheet 
157.2 	to the creditor's attorney (or the creditor if not represented by an attorney) and deliver 
157.3 	a copy to the debtor within ten days after the last payday that falls within the 90-day 
157.4 	period.
157.5 	If the claim is wholly satisfied or if the debtor's employment ends before the expiration 
157.6 	of the 90-day period, your disclosure should be made within ten days after the last payday 
157.7 	for which earnings were attached.
157.8 	For Steps 3 through 11, "Columns" refers to columns on the Earnings Disclosure Worksheet.

157.9	3.
	COLUMN A.
		Enter the date of debtor's payday.
	
157.10	4.
	COLUMN B.
		Enter debtor's gross earnings for each payday.
	
157.11	5.
	COLUMN C.
		Enter debtor's disposable earnings for each payday.
	
157.12157.13	6.
	COLUMN D.
		Enter 25 percent of disposable earnings. (Multiply 
Column C by .25.)
	
157.14157.15
157.16
157.17
157.18
157.19
157.20
157.21	7.
	COLUMN E.
		Enter here the greater of 40 times $9.50 or 40 times the 
hourly federal minimum wage ($..........) times the 
number of work weeks included in each payday. (Note: 
If a pay period includes days in excess of whole work 
weeks, the additional days should be counted as a 
fraction of a work week equal to the number of 
workdays in excess of a whole work week divided by 
the number of workdays in a normal work week.)
	
157.22157.23	8.
	COLUMN F.
		Subtract the amount in Column E from the amount in 
Column C, and enter here.
	
157.24157.25	9.
	COLUMN G.
		Enter here the lesser of the amount in Column D and 
the amount in Column F.
	
157.26157.27
157.28
157.29
157.30
157.31
157.32
157.33
157.34
157.35
157.36	10.
	COLUMN H.
		Enter here any amount claimed by you as a setoff, 
defense, lien, or claim, or any amount claimed by any 
other person as an exemption or adverse interest which 
would reduce the amount of earnings owing to the 
debtor. (Note: Any indebtedness to you incurred by the 
debtor within the ten days before the receipt of the first 
garnishment on a debt may not be set off against 
amounts otherwise subject to the garnishment. Any 
assignment of earnings made by the debtor to any party 
within ten days before the receipt of the first 
garnishment on a debt is void.)
	
157.37
157.38
157.39
157.40				You must also describe your claim(s) and the claims of 
others, if known, in the space provided below the 
worksheet and state the name(s) and address(es) of these 
persons.
	
158.1
158.2
158.3				Enter zero in Column H if there are no claims by you 
or others which would reduce the amount of earnings 
owing to the debtor.
	
158.4158.5
158.6
158.7	11.
	COLUMN I.
		Subtract the amount in Column H from the amount in 
Column G and enter here. This is the amount of earnings 
that you must retain for the payday for which the 
calculations were made.
	
158.8 	AFFIRMATION
158.9 	I, ...................... (person signing Affirmation), am the garnishee or I am authorized by 
158.10 	the garnishee to complete this earnings disclosure, and have done so truthfully and to the 
158.11 	best of my knowledge.

158.12	Dated: ........
		........
	
158.13			Signature
	
158.14			........
	
158.15			Title
	
158.16			........
	
158.17			Telephone Number
	
158.18 	EARNINGS DISCLOSURE WORKSHEET
158.19 	.............................
158.20 	Debtor's Name
158.21 	You must:
158.22 	1. Withhold the amount of earnings listed in column I on the Earnings Disclosure 
158.23 	Worksheet each payday.
158.24 	2. After 90 days, return this Earnings Disclosure Worksheet to the creditor's attorney 
158.25 	(or the creditor if not represented by an attorney). Include all the money withheld. Sign the 
158.26 	Affirmation at the end of the worksheet before returning.
158.27 	3. Deliver a copy of the disclosure and worksheet to the debtor within 10 days after the 
158.28 	last payday that falls within the 90-day period.
158.29 	If the debt (judgment) is fully paid off or if the debtor's job ends before the 90-day period 
158.30 	is over, you need to do the last disclosure and withholdings within 10 days of their last 
158.31 	payday that you withheld money.
158.32 	Calculating Percentage of Disposable Earnings
158.33 	Note to Creditor: You must fill out this chart before sending this form to the employer. 
158.34 	Use the current minimum wage found online at: https://www.dli.mn.gov/minwage.
159.1 	Minimum Wage = $MW/hour.

159.3159.2
		if the weekly gross earnings are:
	then this percentage of the disposable 
earnings are withheld:
		
159.4		Less than [40 X MW]
	0%
		
159.5		[40 X MW + .01] to [60 X MW]
	10%
		
159.6		[60 X MW + .01] to [80 X MW]
	15%
		
159.7		[80 X MW + .01] or more
	25%
		
159.8 	Employer: Use this creditor's calculation chart to know what percentage of earnings 
159.9 	should be withheld.
159.10 	Earnings Disclosure Worksheet

159.11	........
		
159.12	Debtor's Name

159.13	A
			B
		C
	
159.14159.15	Payday Date
		Gross Earnings
		Disposable 
Earnings
	
159.16	1.
	........
		$........
		$........
	
159.17	2.
	........
		........
		........
	
159.18	3.
	........
		........
		........
	
159.19	4.
	........
		........
		........
	
159.20	5.
	........
		........
		........
	
159.21	6.
	........
		........
		........
	
159.22	7.
	........
		........
		........
	
159.23	8.
	........
		........
		........
	
159.24	9.
	........
		........
		........
	
159.25	10.
	........
		........
		........
	
159.26 	Column A. Enter the debtor's payday.
159.27 	Column B. Enter the debtor's gross earnings for each payday.
159.28 	Column C. Enter the debtor's disposable earnings for each payday.

159.29	D
			E
		F
	
159.30
159.31
159.32
159.33	25% of withholding 
of Column C
(Use the creditor's 
calculation chart)
		Greater of 40 X 
$9.50 or 40 X
MN or Fed. Min. 
Wage
		Column C minus 
Column E

159.34	1.
	........
		........
		........
	
159.35	2.
	........
		........
		........
	
159.36	3.
	........
		........
		........
	
160.1	4.
	........
		........
		........
	
160.2	5.
	........
		........
		........
	
160.3	6.
	........
		........
		........
	
160.4	7.
	........
		........
		........
	
160.5	8.
	........
		........
		........
	
160.6	9.
	........
		........
		........
	
160.7	10.
	........
		........
		........
	
160.8 	Column D. Enter the percentage of disposable earnings that will be withheld. Get this 
160.9 	number from the creditor's calculation chart.
160.10 	Column E. Calculate 40 times the current Minnesota minimum wage (or 40 times the 
160.11 	current federal minimum wage) times the number of work weeks in each payday. Enter the 
160.12 	bigger number here. Note: If a payday has extra days that are more than a full work week, 
160.13 	count those extra days as part of a work week. Do this by dividing the number of extra 
160.14 	workdays by the number of workdays in a normal week.
160.15 	Column F. Subtract the amount in column E from the amount in column C and enter 
160.16 	here.

160.17	G
			H
		I
	
160.19
160.20160.18
	Lesser of Column D 
and Column F
		Setoff, Lien, 
Adverse Interest, 
or Other Claims
		Column G minus 
Column H

160.21	1.
	........
		........
		........
	
160.22	2.
	........
		........
		........
	
160.23	3.
	........
		........
		........
	
160.24	4.
	........
		........
		........
	
160.25	5.
	........
		........
		........
	
160.26	6.
	........
		........
		........
	
160.27	7.
	........
		........
		........
	
160.28	8.
	........
		........
		........
	
160.29	9.
	........
		........
		........
	
160.30	10.
	........
		........
		........
	
160.31				Total of Column I=
	$ ........
	
160.32 	Column G. Look at column D and column F. Enter the smaller amount of the two here 
160.33 	in column G.
160.34 	Column H. Enter any amount claimed by you that would lower the amount of earnings 
160.35 	that will go to the debtor. Things like:
161.1 	(i) a setoff,
161.2 	(ii) a defense,
161.3 	(iii) a lien,
161.4 	(iv) a claim, or
161.5 	(v) any amount claimed by any other person as an exemption or adverse interest.
161.6 	Note: You must describe your claim(s) and the claims of others, if known, in the spaces 
161.7 	after this worksheet.
161.8 	Enter zero in column H if there are no claims by you or others which would lower the 
161.9 	amount of earnings owed to the debtor.
161.10 	Note: Any debt that happened within 10 days before you got the first garnishment on a 
161.11 	debt may not be set off against the earnings that are affected by this garnishment. Any wage 
161.12 	assignment made by the debtor within 10 days before you got the first garnishment on a 
161.13 	debt is void. Wage assignment is when a debtor voluntarily agrees to money being taken 
161.14 	out of their earnings.
161.15 	Column I. Subtract the amount in column H from the amount in column G and enter 
161.16 	here. This is the amount of earnings that go to the creditor.
161.17 	*If you entered any amount in Column H for any payday(s), you must payday, describe 
161.18 	those claims below either. It doesn't matter if they are your claims, or the claims of others. 
161.19 	For amounts claimed claims by others you must both state, list the names and addresses of 
161.20 	these persons each, and the nature of describe their claim claims, if known you know.
161.21 	........
161.22 	........
161.23 	........
161.24 	AFFIRMATION
161.25 	Earnings Worksheet Affirmation
161.26 	I, ........................ (person signing Affirmation), am the third party party/employer or I 
161.27 	am authorized by the third party party/employer to complete this earnings disclosure 
161.28 	worksheet, and have done so truthfully and to the best of my knowledge.

161.29	Dated: ........
		
161.30	Signature ........
		
162.1	Title ........
		
162.2	Telephone Number (....) ........

162.3	Date: ........
		
162.4	Third Party's Name: ........
		
162.5	Third Party's Signature: ........
		
162.6	Phone: ........
	Fax: ........
		
162.7	Email: ........
		
162.8 	EARNINGS DISCLOSURE FORM AND WORKSHEET
162.9 	FOR CHILD SUPPORT DEBTOR

162.10	STATE OF MINNESOTA
		DISTRICT COURT
	
162.11	COUNTY OF ........
		........ JUDICIAL DISTRICT
	
162.12	........ (Creditor)
			
162.13	........ (Debtor)
		GARNISHMENT
	
162.14	........ (Garnishee)
		EARNINGS DISCLOSURE
	
162.15 	DEFINITIONS
162.16 	"EARNINGS": For the purpose of execution, "earnings" means compensation paid or 
162.17 	payable to an employee for personal services or compensation paid or payable to the producer 
162.18 	for the sale of agricultural products; milk or milk products; or fruit or other horticultural 
162.19 	products produced when the producer is operating a family farm, a family farm corporation, 
162.20 	or an authorized farm corporation, as defined in section 500.24, subdivision 2, whether 
162.21 	denominated as wages, salary, commission, bonus, or otherwise, and includes periodic 
162.22 	payments pursuant to a pension or retirement, workers' compensation, or unemployment 
162.23 	benefits.
162.24 	"DISPOSABLE EARNINGS": Means that part of the earnings of an individual remaining 
162.25 	after the deduction from those earnings of amounts required by law to be withheld. (Amounts 
162.26 	required by law to be withheld do not include items such as health insurance, charitable 
162.27 	contributions, or other voluntary wage deductions.)
162.28 	"PAYDAY": For the purpose of execution, "payday(s)" means the date(s) upon which 
162.29 	the employer pays earnings to the debtor in the ordinary course of business. If the judgment 
162.30 	debtor has no regular payday, payday(s) means the 15th and the last day of each month.
162.31 	THE GARNISHEE MUST ANSWER THE FOLLOWING QUESTION:
162.32 	(1) Do you now owe, or within 90 days from the date the execution levy was served on 
162.33 	you, will you or may you owe money to the debtor for earnings?

163.1		Yes ........
		No ........
		
163.2 	INSTRUCTIONS FOR COMPLETING THE
163.3 	EARNINGS DISCLOSURE
163.4 	A. If your answer to question 1 is "No," then you must sign the affirmation below and 
163.5 	return this disclosure to the creditor's attorney (or the creditor if not represented by an 
163.6 	attorney) within 20 days after it was served on you, and you do not need to answer the 
163.7 	remaining questions.
163.8 	B. If your answer to question 1 is "Yes," you must complete this form and the Earnings 
163.9 	Disclosure Worksheet as follows:
163.10 	For each payday that falls within 90 days from the date the garnishment summons was 
163.11 	served on you, YOU MUST calculate the amount of earnings to be retained by completing 
163.12 	steps 2 through 8 on page 2, and enter the amounts on the Earnings Disclosure Worksheet. 
163.13 	UPON REQUEST, THE EMPLOYER MUST PROVIDE THE DEBTOR WITH 
163.14 	INFORMATION AS TO HOW THE CALCULATIONS REQUIRED BY THIS 
163.15 	DISCLOSURE WERE MADE.
163.16 	Each payday, you must retain the amount of earnings listed in column G on the Earnings 
163.17 	Disclosure Worksheet.
163.18 	You must pay the attached earnings and return this earnings disclosure form and the 
163.19 	Earnings Disclosure Worksheet to the creditor's attorney (or the creditor if not represented 
163.20 	by an attorney) and deliver a copy to the debtor within ten days after the last payday 
163.21 	that falls within the 90-day period. If the claim is wholly satisfied or if the debtor's 
163.22 	employment ends before the expiration of the 90-day period, your disclosure should be 
163.23 	made within ten days after the last payday for which earnings were attached.
163.24 	For steps 2 through 8, "columns" refers to columns on the Earnings Disclosure Worksheet.
163.25 	(2) COLUMN A. Enter the date of debtor's payday.
163.26 	(3) COLUMN B. Enter debtor's gross earnings for each payday.
163.27 	(4) COLUMN C. Enter debtor's disposable earnings for each payday.
163.28 	(5) COLUMN D. Enter either 50, 55, 60, or 65 percent of disposable earnings, based 
163.29 	on which of the following descriptions fits the child support judgment debtor:
163.30 	(a) 50 percent of the judgment debtor's disposable income, if the judgment debtor is 
163.31 	supporting a spouse or dependent child and the judgment is 12 weeks old or less (12 weeks 
163.32 	to be calculated to the beginning of the work week in which the execution levy is received);
164.1 	(b) 55 percent of the judgment debtor's disposable income, if the judgment debtor is 
164.2 	supporting a spouse or dependent child, and the judgment is over 12 weeks old (12 weeks 
164.3 	to be calculated to the beginning of the work week in which the execution levy is received);
164.4 	(c) 60 percent of the judgment debtor's disposable income, if the judgment debtor is not 
164.5 	supporting a spouse or dependent child and the judgment is 12 weeks old or less (12 weeks 
164.6 	to be calculated to the beginning of the work week in which the execution levy is received); 
164.7 	or
164.8 	(d) 65 percent of the judgment debtor's disposable income, if the judgment debtor is not 
164.9 	supporting a spouse or dependent child, and the judgment is over 12 weeks old (12 weeks 
164.10 	to be calculated to the beginning of the work week in which the execution levy is received). 
164.11 	(Multiply column C by .50, .55, .60, or .65, as appropriate.)
164.12 	(6) COLUMN E. Enter here any amount claimed by you as a setoff, defense, lien, or 
164.13 	claim, or any amount claimed by any other person as an exemption or adverse interest that 
164.14 	would reduce the amount of earnings owing to the debtor. (Note: Any assignment of earnings 
164.15 	made by the debtor to any party within ten days before the receipt of the first garnishment 
164.16 	on a debt is void. Any indebtedness to you incurred by the debtor within the ten days before 
164.17 	the receipt of the first garnishment on a debt may not be set off against amounts otherwise 
164.18 	subject to the garnishment.)
164.19 	You must also describe your claim(s) and the claims of others, if known, in the space 
164.20 	provided below the worksheet and state the name(s) and address(es) of these persons.
164.21 	Enter zero in column E if there are no claims by you or others that would reduce the 
164.22 	amount of earnings owing to the judgment debtor.
164.23 	(7) COLUMN F. Subtract the amount in column E from the amount in column D and 
164.24 	enter here. This is the amount of earnings that you must remit for the payday for which the 
164.25 	calculations were made.
164.26 	AFFIRMATION
164.27 	I, ................... (person signing Affirmation), am the garnishee or I am authorized by the 
164.28 	garnishee to complete this earnings disclosure, and have done so truthfully and to the best 
164.29 	of my knowledge.

164.30	Dated: ........
		........
		
164.31			Signature
		
164.32			........
		
164.33			Title
		
165.1			........
		
165.2			Telephone Number
		
165.3
165.4	EARNINGS DISCLOSURE 
WORKSHEET
		........
		
165.5			Debtor's Name

165.6	A
			B
		C
	
165.7165.8	Payday Date
		Gross Earnings
		Disposable 
Earnings
	
165.9	1.
	........
		$........
		$........
	
165.10	2.
	........
		........
		........
	
165.11	3.
	........
		........
		........
	
165.12	4.
	........
		........
		........
	
165.13	5.
	........
		........
		........
	
165.14	6.
	........
		........
		........
	
165.15	7.
	........
		........
		........
	
165.16	8.
	........
		........
		........
	
165.17	9.
	........
		........
		........
	
165.18	10.
	........
		........
		........

165.19	D
			E
		F
	
165.20
165.21165.22	Either 50, 55, 60, or 
65% of Column C
		Setoff, Lien, 
Adverse Interest, 
or Other Claims
		Column D minus 
Column E
	
165.23	1.
	........
		........
		........
	
165.24	2.
	........
		........
		........
	
165.25	3.
	........
		........
		........
	
165.26	4.
	........
		........
		........
	
165.27	5.
	........
		........
		........
	
165.28	6.
	........
		........
		........
	
165.29	7.
	........
		........
		........
	
165.30	8.
	........
		........
		........
	
165.31	9.
	........
		........
		........
	
165.32	10.
	........
		........
		........
	
165.33				TOTAL OF COLUMN F $........
	
165.34 	*If you entered any amount in column E for any payday(s), you must describe below 
165.35 	either your claims, or the claims of others. For amounts claimed by others, you must both 
165.36 	state the names and addresses of such persons, and the nature of their claim, if known.
165.37 	........
166.1 	........
166.2 	........
166.3 	AFFIRMATION
166.4 	I, ................. (person signing Affirmation), am the third party or I am authorized by the 
166.5 	third party to complete this earnings disclosure worksheet, and have done so truthfully and 
166.6 	to the best of my knowledge.

166.7			........
	
166.8			Signature
	
166.9	Dated: ........
	........
	(....) ........
	
166.10		Title
	Phone Number
	
166.11 	NONEARNINGS DISCLOSURE FORM

166.12	STATE OF MINNESOTA
		DISTRICT COURT
	
166.13	COUNTY OF ........
		........ JUDICIAL DISTRICT
	
166.14	........ (Creditor)
			
166.15	against
			
166.16	........ (Debtor)
		NONEARNINGS DISCLOSURE
	
166.17	and
			
166.18	........ (Garnishee)
			
166.19 	On the ......... day of .............., ............, the time of service of garnishment summons 
166.20 	herein, there was due and owing the debtor from the garnishee the following:

166.21	State of Minnesota
		District Court
	
166.22	County of: ........
		Judicial District: ........
	
166.23			Court File Number: ........
	
166.24			Case Type: ........
	
166.25	Creditor's full name
			
166.26	........
		Non-Earnings Disclosure
	
166.27	against
		For Non-Child Support Judgments
	
166.28	Debtor's full name
			
166.29	........
			
166.30	and
			
166.31	Third Party (bank, employer, or other)
			
166.32	........
			
167.1 	This form is called a "Non-Earnings Disclosure" or "Disclosure." It is being sent to you 
167.2 	because you might be holding property that belongs to the debtor, or you might owe money 
167.3 	to the debtor.
167.4 	You are the "third party" or "garnishee." The "debtor" is the person who owes money. 
167.5 	The debtor is also called the "judgment debtor." The "creditor" is the person the debtor owes 
167.6 	money to. The creditor is also called the "judgment creditor." The debtor owes $.................. 
167.7 	to the creditor.
167.8 	You must list any money or property you owe the debtor on the lines below and sign 
167.9 	the affirmation. Write "none" on the line if that is your answer. You must then return this 
167.10 	disclosure to the creditor (or the creditor's lawyer) within 20 days after you got it.
167.11 	Fill in the date you got this disclosure:

167.12	........ (month)
	........ (day),
	........ (year)
		
167.13 	On the date you got this disclosure, you owed the debtor:
167.14 	(1) Money. Enter on the line below any amounts due and owing the debtor, except 
167.15 	earnings, from the garnishee Write down the amount of money you owe the debtor (except 
167.16 	earnings).
167.17 	........
167.18 	(2) Property. Describe on the line below Write a short description of any personal 
167.19 	property, instruments, or papers belonging to the debtor and in the possession of the garnishee
167.20 	that you have in your possession. List the monetary value of each thing.
167.21 	........
167.22 	(3) Setoff. Enter on the line below the amount of any If you claim a setoff, defense, lien, 
167.23 	or claim which the garnishee claims against the amount set forth on lines (1) and (2) above
167.24 	enter that amount on the line below. State the facts by which the setoff, defense, lien, or
167.25 	about your claim is claimed. (Any indebtedness to a garnishee incurred by the debtor within 
167.26 	the ten days before the receipt of the first garnishment on a debt may not be set off against 
167.27 	amounts otherwise subject to the garnishment.)Note: Any payment the debtor makes to 
167.28 	the garnishee within the 10 days before they get the first garnishment order on that debt 
167.29 	can't be used to lower the amount that is being garnished.
167.30 	........
167.31 	(4) Exemption. Enter on the line below any amounts or property claimed by the debtor 
167.32 	to be exempt from execution that the debtor claims is exempt on the line below.
168.1 	........
168.2 	(5) Adverse Interest. Enter on the line below any amounts claimed by other persons by 
168.3 	reason of ownership or interest in the debtor's property of the debtor's property that other 
168.4 	people claim they own or have interest in.
168.5 	........
168.6 	(6) Enter on the line below the total of lines (3), (4), and (5) on the line below.
168.7 	........
168.8 	(7) Enter on the line below the difference obtained (never less than zero) when line (6) 
168.9 	is subtracted from the sum of lines (1) and (2) on the line below.
168.10 	........
168.11 	(8) Enter on the line below Figure out 110 percent of the amount of the creditor's claim 
168.12 	which remains is still unpaid. Enter it on the line below.
168.13 	........
168.14 	(9) Enter on the line below the lesser of line Look at (7) and line (8). Retain Put the 
168.15 	smaller number on the line below. Hold this amount only if it is $10 or more.
168.16 	........
168.17 	AFFIRMATION
168.18 	I, .......................... (person signing Affirmation), am the garnishee or I am authorized 
168.19 	by the garnishee to complete this nonearnings garnishment disclosure, and. I have done so 
168.20 	truthfully and to the best of my knowledge.

168.21	Dated: ........
		........
		
168.22			Signature
		
168.23			........
		
168.24			Title
		
168.25			........
		
168.26			Telephone Number

168.27	Date: ........
		
168.28	Name: ........
		
168.29	Signature: ........
		
168.30	Title: ........
		
168.31	Phone: ........
	Email: ........

169.1 	Sec. 16. Minnesota Statutes 2024, section 571.912, is amended to read:
169.2 	571.912 FORM OF NOTICE, INSTRUCTIONS, AND EXEMPTION NOTICE.
169.3 		Subdivision 1.Form of notice. The notice, instructions, and exemption notice informing 
169.4 	a debtor that a garnishment summons has been used to attach funds of the debtor to satisfy 
169.5 	a claim must be a separate notice and must be substantially in the following form:

169.6	STATE OF MINNESOTA
		DISTRICT COURT
	
169.7	COUNTY OF ........
		........JUDICIAL DISTRICT
	
169.8	........(Creditor)
			
169.9	........(Debtor)
			
169.10	........(Financial institution)

169.11	State of Minnesota
		District Court
	
169.12	County of: ........
		Judicial District: ........
	
169.13			Court File Number: ........
	
169.14			Case Type: ........
	
169.15	Creditor's full name
			
169.16	........
			
169.17	Debtor's full name
			
169.18	........
			
169.19	Third Party (bank, employer, or other)
			
169.20	........
			
169.21 	Important Notice
169.22 	YOUR FUNDS HAVE BEEN GARNISHED
169.23 	Money in Your Account Has Been Frozen
169.24 	The Creditor has frozen money in your account at your financial institution bank.
169.25 	Your account balance is $.......
169.26 	The amount being held is $.......
169.27 	The amount being held will be is frozen for 14 days from the date of this notice.
169.28 	Some of your money in your account may be protected (the legal word is exempt). 
169.29 	You may be able to get it sooner than 14 days if you act quickly and follow the 
169.30 	instructions on the next page.
169.31 	The attached exemption form lists some different sources of ways money in your account 
169.32 	that may be protected. If your money is comes from one or more of these sources, place a 
170.1 	benefit on the list, put a check on the line on the form next to the sources of your money. 
170.2 	If it is from one of these sources, next to it. The creditor cannot can't take it.
170.3 	BUT, if you want the bank to unfreeze your money, you must follow the instructions 
170.4 	and return the exemption form and with copies of your bank statements from the last 
170.5 	60 daysto have the bank unfreeze your money. Instructions and the form are attached. If 
170.6 	you do not don't follow the instructions or your Creditor gets an order from the court or writ 
170.7 	of execution, your financial institution will give bank gives the money to your creditor. If 
170.8 	your creditor gets an order from the court or writ of execution, your bank gives the money 
170.9 	to them. If that happens and it your money is protected, you can still get it back from the 
170.10 	creditor later,. But that is not as easy to do as filling in out the form now is easiest.
170.11 	See next pages for instructions and the exemption form.
170.12 		Subd. 2.Form of instructions. The instructions required must be in a separate form 
170.13 	and must be substantially in the following form:
170.14 	Instructions
170.15 	Note: The creditor is who you owe the money to. You are the debtor.
170.16 	1. Fill out both of the attached exemption forms in this packet.
170.17 	If you check one of the lines, you should also give proof. Use proof that shows show
170.18 	that some or all of the money in your account is from one or more of the protected sources. 
170.19 	This might be letters or account statements. Creditors may ask for a hearing if they question 
170.20 	your exemptions.
170.21 	To avoid a hearing:
170.22 	(i) Case numbers should be added to the form.
170.23 	(ii) Copies of documents should be sent with the form.
170.24 	Notice: You must send to the creditor's attorney (or to the creditor, if no attorney) copies 
170.25 	of your bank statements for the past 60 days before the garnishment. Send them to the 
170.26 	creditor (or to the creditor's lawyer). Keep a copy of your bank statements in case there are 
170.27 	questions about your claim. If you do not don't send bank statements to the creditor's attorney 
170.28 	(or to the creditor, if no attorney) bank statements creditor (or to the creditor's lawyer) along
170.29 	with your exemption claim, the financial institution may release give your money to the 
170.30 	creditor. They would do this once the creditor gives the financial institution them a court 
170.31 	order directing it saying they have to turn over the funds.
170.32 	2. Sign the exemption forms. Make one a copy to keep for yourself.
171.1 	3. Mail or deliver the other copies of the form by (insert date).
171.2 	Both Copies Must Be Mailed or Delivered the Same Day.
171.3 	One copy of the form and the copies of your bank statements go to:

171.4	........
	
171.5	(Insert name of creditor or creditor's attorney)
	
171.6	........
	
171.7	(Insert address of creditor or creditor's attorney)

171.8	Creditor's Name: ........
		
171.9	(or creditor's lawyer's name)
		
171.10	Street Address: ........
		
171.11	City/State/Zip: ........
		
171.12	Phone: ........
	Fax: ........
		
171.13	Email: ........
		
171.14 	One copy goes to:

171.15	........
	
171.16	(Insert name of bank)
	
171.17	........
	
171.18	(Insert address of bank)

171.19	Bank's Name: ........
		
171.20	Street Address: ........
		
171.21	City/State/Zip: ........
		
171.22	Phone: ........
	Fax: ........
		
171.23	Email: ........
		
171.24 	How The Process Works
171.25 	If You Do Not Don't Send in the Exemption Form and Bank Statements:
171.26 	14 days after the date of this letter some or all of your money may be turned over to the 
171.27 	creditor. This happens once they get an order from the court telling the financial institution
171.28 	bank to do this.
171.29 	If You Do Send in the Exemption Form and Bank Statements:
171.30 	Any money that is NOT protected can be turned over to the creditor once they get an 
171.31 	order from the court.
171.32 	If the Creditor Does Not Object to Your Claimed Exemptions:
172.1 	The financial institution will bank should unfreeze your money six 6 business days after 
172.2 	the institution gets they get your completed form. If they don't, ask the creditor or the 
172.3 	creditor's lawyer to send a release letter to the bank.
172.4 	If the Creditor Objects to Your Claimed Exemptions:
172.5 	The money you have said is protected on the form will be is held by the bank. The 
172.6 	creditor has six 6 business days to object (disagree) and ask the court to hold a hearing. You 
172.7 	will receive get a Notice of Objection and a Notice of Hearing.
172.8 	The financial institution will hold bank holds the money until a court decides whether
172.9 	if your money is protected or not. Some reasons a creditor may object are because you did 
172.10 	not didn't send copies of your bank statements or other proof of the benefits you received
172.11 	got. Be sure to include these when you send your exemption form.
172.12 	You may want to talk to a lawyer for advice about this process. If you are low income 
172.13 	you can call Legal Aid statewide at 1(877) 696-6529.
172.14 	PENALTIES:
172.15 	Warnings and Fines
172.16 	If you claim that your money is protected and a court decides you made that claim in 
172.17 	bad faith, the court they can order you to pay costs, actual damages, attorney lawyer fees, 
172.18 	and an additional amount of a fine up to $100. Bad faith is when someone does something 
172.19 	wrong on purpose. For example, it may be bad faith if you claim you receive get government 
172.20 	benefits that you do not receive and you don't.
172.21 	If the creditor made a bad faith objection to your claim that your money is protected, 
172.22 	the court can order them to pay costs, actual damages, attorney lawyer fees, and an additional 
172.23 	amount of a fine up to $100.
172.24 		Subd. 3.Exemption notice. The exemption notice must be a separate form and must 
172.25 	be in substantially the following form:

172.26	STATE OF MINNESOTA
		DISTRICT COURT
	
172.27	COUNTY OF ........
		........JUDICIAL DISTRICT
	
172.28	........(Creditor)
			
172.29	........(Debtor)
			
172.30	........(Financial institution)

172.31	State of Minnesota
		District Court
	
172.32	County of: ........
		Judicial District: ........
	
172.33			Court File Number: ........
	
173.1			Case Type: ........
	
173.2	Creditor's full name
			
173.3	........
		Exemption Form
	
173.4	vs.
			
173.5	Debtor's full name
			
173.6	........
			
173.7	Bank's name
			
173.8	........
			
173.9 	EXEMPTION FORM

173.10	A.
		How Much Money is Protected (exempt)
	
173.11	........
		... I claim ALL of the money being frozen by the bank is protected.
	
173.12	........
		... I claim SOME of the money is protected. The amount I claim is protected is $.......
	
173.13	B.
		Why The Money is Protected
	
173.14
173.15			My money is protected because I get it from one or more of the following places: 
(Check all that apply)
	
173.16			Earnings (Wages)
	
173.17			ALL or SOME of my wages may be protected.
	
173.18
173.19			... Some of my wages are protected because they were only deposited in my account 
in the last 20 days.
	
173.20
173.21			For wages that were deposited in your account within the last 20 days, the amount 
protected is whichever is more:
	
173.22			(i) 75% of your wages or more (after taxes are taken out), or
	
173.23
173.24			(ii) The current minimum wage times 40 per week. You can find the current minimum 
wage here: https://www.dli.mn.gov/minwage.
	
173.25			All of my wages are protected because:
	
173.26			... I get government benefits (a list of government benefits is on the next page)
	
173.27			... I am getting other assistance based on need
	
173.28			... I have gotten government benefits in the last 6 months
	
173.29			... I was in jail or prison in the last 6 months
	
173.30
173.31
173.32
173.33			If you check one of these 4 boxes, your wages are only protected for 60 days after 
they are deposited in your account. You MUST send the creditor copies of bank 
statements that show what was in your account for the 60 days right before the 
bank froze your money.
	
173.34	........
		Government Benefits
	
173.35
173.36			Government benefits can include, but are not limited to, the following many things. 
For example:
	
173.37			... MFIP - Minnesota Family Investment Program,
	
173.38			... DWP - MFIP Diversionary Work Program,
	
173.39			... SNAP - Supplemental Nutrition Assistance Program
	
173.40			Work participation cash benefit,
	
174.1			... GA - General Assistance,
	
174.2			EA - emergency assistance,
	
174.3			MA - medical assistance,
	
174.4			... EGA - Emergency General Assistance,
	
174.5			... MSA - Minnesota Supplemental Aid,
	
174.6			... MSA-EA - MSA Emergency Assistance,
	
174.7			... EA - Emergency Assistance
	
174.8			... Energy or Fuel Assistance
	
174.9			... Work Participation Cash Benefit
	
174.10			... MA - Medical Assistance
	
174.11			Supplemental Nutrition Assistance Program (SNAP),
	
174.12			SSI - Supplemental Security Income,
	
174.13			... MinnesotaCare,
	
174.14			... Medicare Part B - Premium Payments, help
	
174.15			... Medicare Part D - Extra help,
	
174.16			Energy or fuel assistance.
	
174.17			... SSI - Supplemental Security Income
	
174.18
174.19			... Tax Credits - federal Earned Income Tax Credit (EITC), Minnesota Working 
Family Credit
	
174.20			... Renter's Refund (also called Renter's Property Tax Credit)
	
174.21	LIST SOURCE(S) OF FUNDING IN YOUR ACCOUNT
	
174.22	........
	
174.23	LIST THE CASE NUMBER AND COUNTY
	
174.24			Case Number: ........
	
174.25			County: ........
	
174.26			Government benefits also include:
	
174.27	........
		Social Security benefits
	
174.28	........
		Unemployment benefits
	
174.29	........
		Workers' compensation
	
174.30	........
		Veterans benefits
	
174.31
174.32
174.33			If you receive any of these government benefits, include copies of any documents 
you have that show you receive Social Security, unemployment, workers' 
compensation, or veterans benefits.
	
174.34	........
		Other assistance based on need
	
174.35 	You may have assistance based on need from another source that is not on the list. If you 
174.36 	do, check this box, and fill in the source of your money on the line below:
174.37 	Source:........
174.38 	Include copies of any documents you have that show the source of this money.

175.1	EARNINGS
	
175.2			ALL or SOME of your earnings (wages) may also be protected.
	
175.3	........
		All of your earnings (wages) are protected if:
	
175.4	........
		You get government benefits (see list of government benefits)
	
175.5	........
		You currently receive other assistance based on need
	
175.6	........
		You have received government benefits in the last six months
	
175.7	........
		You were in jail or prison in the last six months
	
175.8
175.9175.10
175.11
			If you check one of these lines, your wages are only protected for 60 days after 
they are deposited in your account so you MUST send the creditor a copy of 
BANK STATEMENTS that show what was in your account for the 60 days right 
before the bank froze your money.
	
175.12	........
		Some of your earnings (wages) are protected.
	
175.13
175.14
175.15			If all of your earnings are not exempt, then some of your earnings are still protected 
for 20 days after they were deposited in your account. The amount protected is the 
larger amount of:
	
175.16			75 percent of your wages (after taxes are taken out); or
	
175.17			(insert the sum of the current federal minimum wage) multiplied by 40.
	
175.18			OTHER EXEMPT FUNDS
	
175.19
175.20			The money from the following are also completely protected after they are deposited 
in your account.
	
175.21	........
		An accident, disability, or retirement pension or annuity
	
175.22	........
		Payments to you from a life insurance policy
	
175.23	........
		Earnings of your child who is under 18 years of age
	
175.24	........
		Child support
	
175.25175.26
175.27
175.28	........
		Money paid to you from a claim for damage or destruction of property Property 
includes household goods, farm tools or machinery, tools for your job, business 
equipment, a mobile home, a car, a musical instrument, a pew or burial lot, clothes, 
furniture, or appliances.
	
175.29	........
		Death benefits paid to you

175.30
175.31	List the case number and county for every 
box you checked:
		
175.32	Case Number: ........
	County: ........
	
175.33	Case Number: ........
	County: ........
	
175.34	Case Number: ........
	County: ........
	
175.35	Government benefits also include:
		
175.36	... Social Security benefits
		
175.37	... Unemployment benefits
		
175.38	... Workers' compensation
		
175.39	... Veterans' benefits
		
176.1 	If you get any of these government benefits, include copies of any documents that show 
176.2 	you get them.
176.3 	... I get other assistance based on need that is not on the list. It comes from: ........
176.4 	........
176.5 	Make sure you include copies of any documents that show this.
176.6 	C. Other Protected Funds
176.7 	The money from these things are also completely protected after they are deposited in 
176.8 	my account.
176.9 	... Child Support
176.10 	... A retirement, disability, or accident pension or annuity
176.11 	... Earnings of my child who is under 18 years of age
176.12 	... Payments to me from a life insurance policy
176.13 	... Money paid to me from a claim for damage or destruction of property. Property 
176.14 	includes household goods, farm tools or machinery, tools for my job, business equipment, 
176.15 	a mobile home, a car, a musical instrument, a pew or burial lot, clothes, furniture, or 
176.16 	appliances
176.17 	... Death benefits paid to me
176.18 	I give my permission to any agency that has given me cash benefits to give information 
176.19 	about my benefits to the above-named creditor, named above or its attorney to the creditor's 
176.20 	lawyer. The information will ONLY concern whether be if I get benefits or not, or whether 
176.21 	I have gotten them assistance, or if I have gotten assistance in the past six 6 months. If I 
176.22 	was an inmate in the last 6 months, I give my permission to the correctional institution to 
176.23 	tell the creditor named above or the creditor's lawyer that I was an inmate there.
176.24 	If I was an inmate in the last six months, I give my permission to the correctional 
176.25 	institution to tell the above-named creditor that I was an inmate there.
176.26 	You must sign this form and send THIS FORM it back to the creditor's 
176.27 	ATTORNEY lawyer (or to the creditor, if there is no ATTORNEY lawyer) and the 
176.28 	bank. Remember to include a copy of your bank statements for the past 60 days. Fill 
176.29 	in the blanks below and go back to the instructions to make sure you do did it correctly.
176.30 	I have mailed or delivered a copy of this form to: the creditor (or to the creditor's lawyer) 
176.31 	at the address listed below.

177.1	........
	
177.2	(Insert name of creditor or creditor's attorney)
	
177.3	........
	
177.4	(Insert address of creditor or creditor's attorney)

177.5	Creditor's Signature: ........
		
177.6	(or creditor's lawyer's signature)
		
177.7	Creditor's Name: ........
		
177.8	(or creditor's lawyer's name)
		
177.9	Street Address: ........
		
177.10	City/State/Zip: ........
		
177.11	Phone: ........
	Fax: ........
		
177.12	Email: ........
		
177.13 	I have also mailed or delivered a copy of this exemption form to my bank at the address 
177.14 	listed in the instructions. below:

177.15	DATED: ........
	........
	
177.16		DEBTOR
	
177.17		........
	
177.18		DEBTOR ADDRESS
	
177.19		........
	
177.20		DEBTOR TELEPHONE NUMBER

177.21	Bank's Name: ........
		
177.22	Street Address: ........
		
177.23	City/State/Zip: ........
		
177.24	Phone: ........
	Fax: ........
		
177.25	Email: ........

177.26	Date: ........
		
177.27	Debtor's Signature: ........
		
177.28	Debtor's Name: ........
		
177.29	Street Address: ........
		
177.30	City/State/Zip: ........
		
177.31	Phone: ........
		
177.32	Email: ........

177.33 	Sec. 17. Minnesota Statutes 2024, section 571.914, subdivision 2, is amended to read:
177.34 		Subd. 2.Form of Notice of Objection and Notice of Hearing.  The Written Objection 
177.35 	and Notice of Hearing must be in substantially the following form:

178.1	STATE OF MINNESOTA
		DISTRICT COURT
	
178.2	COUNTY OF ........
		........JUDICIAL DISTRICT
	
178.3	........(Creditor)
			
178.4	........(Debtor)
		CREDITOR'S NOTICE OF OBJECTION
	
178.5			AND NOTICE OF HEARING ON
	
178.6	........(Garnishee)
		EXEMPTION CLAIM

178.7	........
		
178.8	........
		
178.9	........
		
178.10
178.11	(CREDITOR OR CREDITOR'S 
ATTORNEY)
		
178.12		NOTICE OF HEARING
	
178.13
178.14
178.15		The creditor objects to your exemption claim. 
This hearing is to resolve your exemption 
claim.
	
178.16	Hearing Date:
	........
	
178.17	Time:
	........
	
178.18	Hearing Place:
	........

178.19	State of Minnesota
		District Court
	
178.20	County of: ........
		Judicial District: ........
	
178.21			Court File Number: ........
	
178.22			Case Type: ........
	
178.23	Creditor's full name
			
178.24	........
		Creditor's Notice of Objection and
	
178.25	and
		Notice of Hearing on Exemption Claim
	
178.26	Debtor's full name
			
178.27	........
			
178.28	Third Party (bank, employer, or other)
			
178.29	........
			
178.30 	Hearing Notice
178.31 	The creditor objects to your exemption claim. This hearing is to decide if your exemption 
178.32 	claim is valid.

178.33	The hearing will be at:
			
178.34	Place: ........
	Date: ........
	Time: ........
	
178.35 	The creditor objects to your claim of exemption from garnishment for the following 
178.36 	reason(s):

179.1	........
	
179.2	........
	
179.3	........
	
179.4 	(Note: Bring with you to the hearing all documents and materials supporting your 
179.5 	exemption claim. Failure to do so could delay the court's decision.)
179.6 	If the creditor receives all documents and materials supporting your exemption claim 
179.7 	before the hearing date, the creditor may agree with your claim and you can avoid a hearing.
179.8 	Because a court hearing will be held on your claim that your funds are protected, your 
179.9 	financial institution will retain the funds until it receives an order from the court.
179.10 	Note: Bring all your documents and materials that support your exemption claim 
179.11 	to the hearing. If you don't, the court's decision could be held up.
179.12 	You can send your documents and materials to the creditor before the hearing. If they 
179.13 	review them and agree with your claim, you can avoid a hearing.
179.14 	Because there is a court hearing scheduled about your exemption claim, your bank will 
179.15 	keep your funds until it gets an order from the court.

179.16	Date: ........
		
179.17	Creditor's Signature: ........
		
179.18	(or creditor's lawyer's signature)
		
179.19	Creditor's Name: ........
		
179.20	(or creditor's lawyer's name)
		
179.21	Street Address: ........
		
179.22	City/State/Zip: ........
		
179.23	Phone: ........
	Fax: ........
		
179.24	Email: ........

179.25 	Sec. 18. Minnesota Statutes 2024, section 571.925, is amended to read:
179.26 	571.925 FORM OF NOTICE.
179.27 	The ten-day notice informing a debtor that a garnishment summons may be used to 
179.28 	garnish the earnings of an individual must be substantially in the following form:

179.29	STATE OF MINNESOTA
		DISTRICT COURT
	
179.30	COUNTY OF ........
		........JUDICIAL DISTRICT
	
179.31	........(Creditor)
			
179.32	against
			
179.33			GARNISHMENT EXEMPTION
	
180.1	........(Debtor)
		NOTICE AND NOTICE OF
	
180.2	and
		INTENT TO GARNISH EARNINGS
	
180.3	........(Garnishee)
			
180.4 	PLEASE TAKE NOTICE that a garnishment summons or levy may be served upon 
180.5 	your employer or other third parties, without any further court proceedings or notice to you, 
180.6 	ten days or more from the date hereof. Some or all of your earnings are exempt from 
180.7 	garnishment. If your earnings are garnished, your employer must show you how the amount 
180.8 	that is garnished from your earnings was calculated. You have the right to request a hearing 
180.9 	if you claim the garnishment is incorrect.
180.10 	Your earnings are completely exempt from garnishment if you are now a recipient of 
180.11 	assistance based on need, if you have been a recipient of assistance based on need within 
180.12 	the last six months, or if you have been an inmate of a correctional institution in the last six 
180.13 	months.
180.14 	Assistance based on need includes, but is not limited to:

180.15	State of Minnesota
		District Court
	
180.16	County of: ........
		Judicial District: ........
	
180.17			Court File Number: ........
	
180.18			Case Type: ........
	
180.19	Creditor's full name
			
180.20	........
		Garnishment Exemption Notice and
	
180.21	and
		Notice of Intent to Garnish Earnings
	
180.22	Debtor's full name
			
180.23	........
			
180.24	Third Party (bank, employer, or other)
			
180.25	........
			
180.26 	Notice: A garnishment may be served on your employer or other third parties. 
180.27 	Garnishment means that part of your earnings can be taken to pay off debts that you 
180.28 	owe. This can happen in 10 days or more after you get this notice. This can happen without 
180.29 	any other court action or notice to you. But some of your money may be protected.

180.30		Your earnings cannot be taken if:
		
180.31		(i) you are getting government assistance based on need,
		
180.32		(ii) you got any government assistance based on need in the last 6 months, or
		
180.33		(iii) you were an inmate of a correctional institution in the last 6 months.
		
181.1 	These are called exemptions. Your money is NOT protected unless you fill out the 
181.2 	Exemption Claim Notice attached and send it back to the creditor or the creditor's 
181.3 	lawyer. If you are not sure if you have any exemptions, talk to a lawyer.
181.4 	You can also contact the creditor or their lawyer to talk about a settlement of the debt.
181.5 	Examples of government assistance based on need:

181.6		(i) MFIP - Minnesota Family Investment Program,
	
181.7		(ii) DWP - MFIP Diversionary Work Program,
	
181.8		(iii)  SNAP - Supplemental Nutrition Assistance Program
	
181.9		Work participation cash benefit,
	
181.10		(iv) GA - General Assistance,
	
181.11		EA - emergency assistance,
	
181.12		MA - medical assistance,
	
181.13		(v) EGA - Emergency General Assistance,
	
181.14		(vi) MSA - Minnesota Supplemental Aid,
	
181.15		(vii) MSA-EA - MSA Emergency Assistance,
	
181.16		Supplemental Nutrition Assistance Program (SNAP),
	
181.17		SSI - Supplemental Security Income,
	
181.18		(viii)  EA - Emergency Assistance
	
181.19		(ix)  Energy or Fuel Assistance
	
181.20		(x)  Work Participation Cash Benefit
	
181.21		(xi)  MA - Medical Assistance
	
181.22		(xii) MinnesotaCare,
	
181.23		(xiii) Medicare Part B - Premium Payments, help
	
181.24		(xiv) Medicare Part D - Extra help,
	
181.25		Energy or fuel assistance.
	
181.26		(xv)  SSI - Supplemental Security Income
	
181.27
181.28		(xvi)  Tax Credits - federal Earned Income Tax Credit (EITC), Minnesota Working 
Family Credit
	
181.29		(xvii)  Renter's Refund (also called Renter's Property Tax Credit)
	
181.30 	If you wish to claim an exemption, you should fill out the appropriate form below, sign 
181.31 	it, and send it to the creditor's attorney and the garnishee.
181.32 	You may wish to contact the attorney for the creditor in order to arrange for a settlement 
181.33 	of the debt or contact an attorney to advise you about exemptions or other rights.
181.34 	PENALTIES
182.1 	(1) Be advised that even if you claim an exemption, a garnishment summons may still 
182.2 	be served on your employer. If your earnings are garnished after you claim an exemption, 
182.3 	you may petition the court for a determination of your exemption. If the court finds that 
182.4 	the creditor disregarded your claim of exemption in bad faith, you will be entitled to 
182.5 	costs, reasonable attorney fees, actual damages, and an amount not to exceed $100.
182.6 	(2) HOWEVER, BE WARNED if you claim an exemption, the creditor can also petition 
182.7 	the court for a determination of your exemption, and if the court finds that you claimed 
182.8 	an exemption in bad faith, you will be assessed costs and reasonable attorney's fees plus 
182.9 	an amount not to exceed $100.
182.10 	(3) If after receipt of this notice, you in bad faith take action to frustrate the garnishment, 
182.11 	thus requiring the creditor to petition the court to resolve the problem, you will be liable 
182.12 	to the creditor for costs and reasonable attorney's fees plus an amount not to exceed 
182.13 	$100.

182.14	Dated: ........
		........
	
182.15			(Attorney for) Creditor
	
182.16			........
	
182.17			Address
	
182.18			........
	
182.19			Telephone
	
182.20 	Warnings and Fines
182.21 	(1) Even if you claim an exemption, a levy may still be served on your employer. If they 
182.22 	take money from you after you claim an exemption, you may ask the court to review your 
182.23 	exemption. If the court finds that the creditor ignored your claim of exemption in bad faith, 
182.24 	you are entitled to costs, reasonable lawyer fees, actual damages, and a fine up to $100. Bad 
182.25 	faith is when someone does something wrong on purpose.
182.26 	(2) BUT if you claim an exemption, the creditor can also ask the court to review your 
182.27 	exemption. If the court finds that you claimed an exemption in bad faith, you are charged 
182.28 	costs and reasonable lawyer fees, and a fine up to $100.
182.29 	(3) If you get this notice, then do something in bad faith to try to block or stop the levy 
182.30 	and the creditor has to take you to court because of it, you will have to pay the creditor's 
182.31 	costs, and reasonable lawyer's fees, and a fine up to $100.

182.32	Date: ........
		
182.33	Creditor's Signature: ........
		
182.34	(or creditor's lawyer's signature)
		
183.1	Creditor's Name: ........
		
183.2	(or creditor's lawyer's name)
		
183.3	Street Address: ........
		
183.4	City/State/Zip: ........
		
183.5	Phone: ........
	Fax: ........
		
183.6	Email: ........
		
183.7 	DEBTOR'S EXEMPTION CLAIM NOTICE

183.8	State of Minnesota
		District Court
	
183.9	County of: ........
		Judicial District: ........
	
183.10			Court File Number: ........
	
183.11			Case Type: ........
	
183.12	Creditor's full name
			
183.13	........
		Debtor's Exemption
	
183.14	and
		Claim Notice
	
183.15	Debtor's full name
			
183.16	........
			
183.17	and
			
183.18	Third Party (bank, employer, or other)
			
183.19	........
			
183.20 	I hereby claim that my earnings are exempt from this garnishment because: (check all 
183.21 	that apply)
183.22 	(1) I am presently a recipient of relief based on need. (Specify the program, case number, 
183.23 	and the county from which relief is being received.)

183.24	........
	........
	........
	
183.25	Program
	Case Number (if known)
	County
	
183.26 	(2) I am not now receiving relief based on need, but I have received relief based on need 
183.27 	within the last six months. (Specify the program, case number, and the county from 
183.28 	which relief has been received.)

183.29	........
	........
	........
	
183.30	Program
	Case Number (if known)
	County
	
183.31 	(3) I have been an inmate of a correctional institution within the last six months. (Specify 
183.32 	the correctional institution and location.)

183.33	........
		........
	
183.34	Correctional Institution
		Location
	
184.1 	I hereby authorize any agency that has distributed relief to me or any correctional 
184.2 	institution in which I was an inmate to disclose to the above-named creditor or the creditor's 
184.3 	attorney only whether or not I am or have been a recipient of relief based on need or an 
184.4 	inmate of a correctional institution within the last six months. I have mailed or delivered a 
184.5 	copy of this form to the creditor or creditor's attorney.

184.6	........
		........
	
184.7	Date
		Debtor
	
184.8			........
	
184.9			Address
	
184.10			........
	
184.11			Debtor Telephone Number

184.12	STATE OF MINNESOTA
		DISTRICT COURT
	
184.13	COUNTY OF ........
		........JUDICIAL DISTRICT
	
184.14	........(Creditor)
			
184.15	........(Debtor)
			
184.16	........(Financial institution)
			
184.17 	... I am getting government assistance based on need. (State the program, case number 
184.18 	if you know it, and the county you got it from.)

184.19	Program: ........
	Case #: ........
	County: ........
	
184.20	Program: ........
	Case #: ........
	County: ........
	
184.21	Program: ........
	Case #: ........
	County: ........
	
184.22 	... I am not getting assistance based on need right now, but I did get government assistance 
184.23 	based on need within the last 6 months. (State the program, case number if you know it, 
184.24 	and the county you got it from.)

184.25	Program: ........
	Case #: ........
	County: ........
	
184.26	Program: ........
	Case #: ........
	County: ........
	
184.27	Program: ........
	Case #: ........
	County: ........
	
184.28 	... I was an inmate of a correctional institution within the last 6 months. (State the 
184.29 	correctional institution and location.)

184.30	Correctional Institution ........
	Location ........
	
184.31 	I give my permission to any agency listed above to give information about my benefits 
184.32 	to the creditor named above, or to the creditor's lawyer. The information will ONLY be if 
184.33 	I get assistance, or if I have gotten assistance in the past 6 months. If I was an inmate in the 
185.1 	last 6 months, I give my permission to the correctional institution to tell the creditor named 
185.2 	above or the creditor's lawyer that I was an inmate there.
185.3 	Sign and send this form back to the creditor or the creditor's lawyer.
185.4 	Fill in the blanks below.
185.5 	I mailed or delivered a copy of this form to the creditor or to the creditor's lawyer if they 
185.6 	have one, at the address listed below.

185.7	Date: ........
		
185.8	Creditor's Signature: ........
		
185.9	(or creditor's lawyer's signature)
		
185.10	Creditor's Name: ........
		
185.11	(or creditor's lawyer's name)
		
185.12	Street Address: ........
		
185.13	City/State/Zip: ........
		
185.14	Phone: ........
	Fax: ........
		
185.15	Email: ........

185.16	Date: ........
		
185.17	Debtor's Signature: ........
		
185.18	Debtor's Name: ........
		
185.19	Street Address: ........
		
185.20	City/State/Zip: ........
		
185.21	Phone: ........
		
185.22	Email: ........

185.23 	Sec. 19. Minnesota Statutes 2024, section 571.931, subdivision 6, is amended to read:
185.24 		Subd. 6.Notice. The debtor shall be served with a copy of the prejudgment garnishment 
185.25 	order issued pursuant to this section together with a copy of all pleadings and other documents 
185.26 	not previously served, including any affidavits upon which the claimant intends to rely at 
185.27 	the subsequent hearing and a transcript of any oral testimony given at the prejudgment 
185.28 	garnishment hearing upon which the creditor intends to rely and a notice of hearing. Service 
185.29 	must be in the manner prescribed for personal service of a summons unless that service is 
185.30 	impracticable or would be ineffective and the court prescribes an alternative method of 
185.31 	service calculated to provide actual notice to the debtor.
185.32 	The notice of hearing served upon the debtor must be signed by the creditor or the 
185.33 	attorney for the creditor and must be accompanied by an exemption notice. The notice of 
186.1 	hearing must be accompanied by an exemption notice, and both notices must provide, at a 
186.2 	minimum, the following information in substantially the following language:
186.3 	NOTICE OF HEARING
186.4 	Hearing Notice
186.5 	TO: ........
186.6 	(the debtor) (debtor's full name)
186.7 	The (insert the name of court) Court has ordered the prejudgment garnishment of some 
186.8 	of your property in the possession or control of a third party. This is about property that a 
186.9 	third party has or controls. Some of your property may be exempt from seizure and can't 
186.10 	be taken. See the exemption notice below.
186.11 	The Court issued this Order based upon the claim of because (insert name of creditor) 
186.12 	that (insert name of creditor) is claims they are entitled to a court order for garnishment
186.13 	take some of your property to secure your payment of any money judgment that (insert 
186.14 	name of creditor) may later be obtained against you and that immediate action was necessary. 
186.15 	They do this to make sure you pay any money they might win in a future case against you. 
186.16 	They felt immediate action was needed.
186.17 	You have the legal right to challenge (insert name of creditor) claims at a court hearing 
186.18 	before a judge.

186.19	The hearing will be at:
			
186.20	Place: ........
	Date: ........
	Time: ........
	
186.21 	The hearing will be held at the (insert place) on (insert date) at (insert time). You may 
186.22 	attend can go to the court hearing alone or with an attorney a lawyer. After you have 
186.23 	presented your side of the matter, the court will decide You get to tell the court your side 
186.24 	of the issue. Then the court decides what should be done with your property until the lawsuit 
186.25 	against you is finally decided.
186.26 	If you do not attend don't go to this hearing, the court may order garnishment of 
186.27 	your property.
186.28 	Exemption Notice
186.29 	Some of your property may be exempt and cannot be garnished can't be taken. 'Exempt' 
186.30 	means protected. The following is a list of some of the more common exemptions. It is not 
186.31 	a complete and is subject to list. For full details and dollar amounts set by law see section 
187.1 	550.37, and other state and federal laws of the Minnesota Statutes. If you have questions 
187.2 	about an exemption, you should obtain competent contact a lawyer for legal advice.
187.3 	These things you or your family might have are protected:
187.4 	(1) a homestead or the proceeds from the sale of a homestead. equity in your home, or 
187.5 	money from recently selling your home - up to $510,000 total;
187.6 	(2)(i) all clothing, one watch, utensils, and foodstuffs;
187.7 	(ii) household furniture, household appliances, phonographs, radios, and computers, 
187.8 	tablets, televisions up to a total current value of $4,500 at the time of attachment., printers, 
187.9 	cell phones, smart phones, and other consumer electronics up to $12,150 in all; and
187.10 	(iii) jewelry - total value can't be more than $3,308;
187.11 	(3) a manufactured (mobile) home used as your home. you live in;
187.12 	(4) one motor vehicle currently worth less than $2,000 after deducting any security 
187.13 	interest., counting only the amount you have paid off:
187.14 	(i) $10,000;
187.15 	(ii) $12,500 if it is necessary for your business, trade, or profession;
187.16 	(iii) $25,000 if used by or to help someone with a disability that makes it hard to walk; 
187.17 	or
187.18 	(iv) $100,000 if designed or modified for someone with a disability that makes it hard 
187.19 	to walk;
187.20 	(5) farm machinery used by someone principally engaged in farming, or if your main 
187.21 	business is farming. Tools, machines, or office furniture used in your business or trade. This 
187.22 	exemption is limited to $10,000. - the total value can't be more than $13,000;
187.23 	(6) relief based on need. This includes the:
187.24 	(i) MFIP - Minnesota Family Investment Program (MFIP), Emergency Assistance (EA), 
187.25 	Work First Program, Medical Assistance (MA),;
187.26 	(ii) DWP - MFIP Diversionary Work Program;
187.27 	(iii) SNAP - Supplemental Nutrition Assistance Program;
187.28 	(iv) GA - General Assistance (GA),;
187.29 	(v) EGA - Emergency General Assistance (EGA),;
187.30 	(vi) MSA - Minnesota Supplemental Aid (MSA),;
188.1 	(vii) MSA-EA - MSA Emergency Assistance (MSA-EA), Supplemental Security Income 
188.2 	(SSI), and Energy Assistance.;
188.3 	(viii) EA - Emergency Assistance;
188.4 	(ix) Energy or Fuel Assistance;
188.5 	(x) Work Participation Cash Benefit;
188.6 	(xi) MA - Medical Assistance;
188.7 	(xii) MinnesotaCare;
188.8 	(xiii) Medicare Part B - Premium Payments help;
188.9 	(xiv) Medicare Part D - Extra;
188.10 	(xv) SSI - Supplemental Security Income;
188.11 	(xvi) Tax Credits - federal Earned Income Tax Credit (EITC), Minnesota Working 
188.12 	Family Credit; and
188.13 	(xvii) Renter's Refund (also called Renter's Property Tax Credit);
188.14 	(7) wages. 100% is protected if you get government assistance based on need. Otherwise, 
188.15 	between 75-100% is protected depending on how much you earn;
188.16 	(8) retirement benefits - the total interest under all plans and contracts can't be more than 
188.17 	$81,000;
188.18 	(7) (9) Social Security benefits.;
188.19 	(8) (10) unemployment benefits, workers' compensation, or veterans' benefits.;
188.20 	(9) An accident, disability or retirement (11) a retirement, disability, or accident pension 
188.21 	or annuity.;
188.22 	(10) (12) life insurance proceeds. that are not more than $54,000;
188.23 	(11) The (13) earnings of your minor child.;
188.24 	(12) (14) money from a claim for damage or destruction of exempt property (such as - 
188.25 	like household goods, farm tools, business equipment, a manufactured (mobile) home, or 
188.26 	a car). car;
188.27 	(15) sacred possessions - like the Bible, Torah, Qur'an, prayer rug, and other religious 
188.28 	items. Total value can't be more than $2,000;
188.29 	(16) personal library - total value can't be more than $750;
189.1 	(17) musical instruments - total value can't be more than $2,000;
189.2 	(18) family pets - current value can't be more than $1,000;
189.3 	(19) a seat or pew in any house or place of public worship and a lot in any burial ground;
189.4 	(20) tools you need to work in your business or profession - the total value can't be more 
189.5 	than $13,500;
189.6 	(21) household tools and equipment - things like hand and power tools, snow removal 
189.7 	equipment, lawnmowers, and more. Total value can't be more than $3,000; and
189.8 	(22) health savings accounts, medical savings accounts - the total value can't be more 
189.9 	than $25,000.

189.10 	Sec. 20. Minnesota Statutes 2024, section 571.932, subdivision 2, is amended to read:
189.11 		Subd. 2.Service. The creditor's motion to obtain an order of garnishment together with 
189.12 	the creditor's affidavit and notice of hearing must be served in the manner prescribed for 
189.13 	service of a summons in a civil action in district court unless that service is impracticable 
189.14 	or would be ineffective and the court prescribes an alternative method of service calculated 
189.15 	to provide actual notice to the debtor. If the debtor has already appeared in the action, the 
189.16 	motion must be served in the manner prescribed for service of pleadings subsequent to the 
189.17 	summons. The date of the hearing must be fixed in accordance with rule 6 of the Minnesota 
189.18 	Rules of Civil Procedure for the District Courts, unless a different date is fixed by order of 
189.19 	the court.
189.20 	The notice of hearing served upon the debtor shall be signed by the creditor or the 
189.21 	attorney for the creditor and shall provide, at a minimum, the following information in 
189.22 	substantially the following language:
189.23 	NOTICE OF HEARING
189.24 	Hearing Notice
189.25 	TO: ........
189.26 	(the debtor) (debtor's full name)
189.27 	A hearing will be held (insert place) on (insert date) at (insert time) to determine whether 
189.28 	nonexempt property belonging to you will be garnished to secure a judgment that may be 
189.29 	entered against you.
189.30 	There will be a hearing to decide if your nonexempt property will be garnished to help 
189.31 	pay a judgment that may be entered against you.

190.1	The hearing will be at:
			
190.2	Place: ........
	Date: ........
	Time: ........
	
190.3 	You may attend can go to the court hearing alone or with an attorney a lawyer. After 
190.4 	you have presented your side of the matter, the court will decide whether You get to tell 
190.5 	the court your side of the issue. Then the court decides if your property should be garnished 
190.6 	until the lawsuit which has been commenced against you is finally decided.
190.7 	If the court directs the issuance of issues a garnishment summons while during the 
190.8 	lawsuit is pending, you may still can keep the property until the lawsuit is decided if you 
190.9 	file a bond in an amount. The amount of the bond is set by the court.
190.10 	If you DO NOT ATTEND THIS don't go to this hearing, the court may order 
190.11 	garnishment of your nonexempt property TO BE GARNISHED.
190.12 	Exemption Notice
190.13 	Some of your property may be exempt and cannot can't be garnished taken. 'Exempt' 
190.14 	means protected. The following is a list of some of the more common exemptions. It is not 
190.15 	a complete and is subject to list. For full details and dollar amounts set by law see section 
190.16 	550.37, and other state and federal laws of the Minnesota Statutes. The dollar amounts 
190.17 	contained in this list are subject to the provisions of section 550.37, subdivision 4a, at the 
190.18 	time of the garnishment. If you have questions about an exemption, you should obtain 
190.19 	competent contact a lawyer for legal advice.
190.20 	These things you or your family might have are protected:
190.21 	(1) A homestead or the proceeds from the sale of a homestead. equity in your home, or 
190.22 	money from recently selling your home - up to $510,000 total;
190.23 	(2)(i) all clothing, one watch, utensils, and foodstuffs;
190.24 	(ii) household furniture, household appliances, phonographs, radios, and computers, 
190.25 	tablets, televisions up to a total current value of $5,850., printers, cell phones, smart phones, 
190.26 	and other consumer electronics up to $12,150 in all; and
190.27 	(iii) jewelry - total value can't be more than $3,308;
190.28 	(3) a manufactured (mobile) home used as your home. you live in;
190.29 	(4) one motor vehicle currently worth less than $2,600 after deducting any security 
190.30 	interests., counting only the amount you have paid off:
190.31 	(i) $10,000;
191.1 	(ii) $12,500 if it is necessary for your business, trade, or profession;
191.2 	(iii) $25,000 if used by or to help someone with a disability that makes it hard to walk; 
191.3 	or
191.4 	(iv) $100,000 if designed or modified for someone with a disability that makes it hard 
191.5 	to walk;
191.6 	(5) farm machinery used by an individual principally engaged in farming, or if your 
191.7 	main business is farming. Tools, machines, or office furniture used in your business or trade. 
191.8 	This exemption is limited to - the total value can't be more than $13,000.;
191.9 	(6) relief based on need. This includes the:
191.10 	(i) MFIP - Minnesota Family Investment Program (MFIP), Emergency Assistance (EA), 
191.11 	Work First Program, Medical Assistance (MA),;
191.12 	(ii) DWP - MFIP Diversionary Work Program;
191.13 	(iii) SNAP - Supplemental Nutrition Assistance Program;
191.14 	(iv) GA - General Assistance (GA),;
191.15 	(v) EGA - Emergency General Assistance (EGA),;
191.16 	(vi) MSA - Minnesota Supplemental Aid (MSA),;
191.17 	(vii) MSA-EA - MSA Emergency Assistance (MSA-EA), Supplemental Security Income 
191.18 	(SSI), and Energy Assistance.;
191.19 	(viii) EA - Emergency Assistance;
191.20 	(ix) Energy or Fuel Assistance;
191.21 	(x) Work Participation Cash Benefit;
191.22 	(xi) MA - Medical Assistance;
191.23 	(xii) MinnesotaCare;
191.24 	(xiii) Medicare Part B - Premium Payments help;
191.25 	(xiv) Medicare Part D - Extra;
191.26 	(xv) SSI - Supplemental Security Income;
191.27 	(xvi) Tax Credits - federal Earned Income Tax Credit (EITC), Minnesota Working 
191.28 	Family Credit; and
191.29 	(xvii) Renter's Refund (also called Renter's Property Tax Credit);
192.1 	(7) wages. 100% is protected if you get government assistance based on need. Otherwise, 
192.2 	between 75-100% is protected depending on how much you earn;
192.3 	(8) retirement benefits - the total interest under all plans and contracts can't be more than 
192.4 	$81,000;
192.5 	(7) (9) Social Security benefits.;
192.6 	(8) (10) unemployment benefits, workers' compensation, or veterans' benefits.;
192.7 	(9) An accident, disability or retirement (11) a retirement, disability, or accident pension 
192.8 	or annuity.;
192.9 	(10) (12) life insurance proceeds. that are not more than $54,000;
192.10 	(11) The (13) earnings of your minor child.;
192.11 	(12) (14) money from a claim for damage or destruction of exempt property (such as - 
192.12 	like household goods, farm tools, business equipment, a manufactured (mobile) home, or 
192.13 	a car). car;
192.14 	(15) sacred possessions - like the Bible, Torah, Qur'an, prayer rug, and other religious 
192.15 	items. Total value can't be more than $2,000;
192.16 	(16) personal library - total value can't be more than $750;
192.17 	(17) musical instruments - total value can't be more than $2,000;
192.18 	(18) family pets - current value can't be more than $1,000;
192.19 	(19) a seat or pew in any house or place of public worship and a lot in any burial ground;
192.20 	(20) tools you need to work in your business or profession - the total value can't be more 
192.21 	than $13,500;
192.22 	(21) household tools and equipment - things like hand and power tools, snow removal 
192.23 	equipment, lawnmowers, and more. Total value can't be more than $3,000; and
192.24 	(22) health savings accounts, medical savings accounts - the total value can't be more 
192.25 	than $25,000.

192.26 	Sec. 21. Laws 2024, chapter 114, article 3, section 101, the effective date, is amended to 
192.27 	read:

192.28 	EFFECTIVE DATE. This section is effective April June 1, 2025, and applies to causes 
192.29 	of action commenced on or after that date.

192.30 	EFFECTIVE DATE. This section is effective retroactively from March 1, 2025.

193.1 	Sec. 22. CONSTRUCTION AND APPLICATION.
 193.2 	The forms in sections 1 to 20 must be made available on the state court website on or 
193.3 	before June 1, 2025. The failure to use the forms as amended by sections 1 to 20 before 
193.4 	June 1, 2025, is not a basis for a complaint or violation of a federal statute, Minnesota 
193.5 	Statutes, or the Minnesota Rules of Professional Conduct.

193.6 	EFFECTIVE DATE. This section is effective the day following final enactment.

193.7 	Sec. 23. EFFECTIVE DATE.
 193.8 	Sections 1 to 20 are effective June 1, 2025.

193.9 	ARTICLE 8
193.10 	MISCELLANEOUS COMMERCE PROVISIONS

193.11 	Section 1. Minnesota Statutes 2024, section 41A.09, subdivision 2a, is amended to read:
193.12 		Subd. 2a.Definitions. For the purposes of this section, the terms defined in this 
193.13 	subdivision have the meanings given them.
193.14 	(a) "Ethanol" means fermentation ethyl alcohol derived from agricultural products, 
193.15 	including potatoes, cereal grains, cheese whey, and sugar beets; forest products; or other 
193.16 	renewable resources, including residue and waste generated from the production, processing, 
193.17 	and marketing of agricultural products, forest products, and other renewable resources, that:
193.18 	(1) meets all of the specifications in ASTM specification D4806-04a D4806-21a; and
193.19 	(2) is denatured as specified in Code of Federal Regulations, title 27, parts 20 and 21.
193.20 	(b) "Ethanol plant" means a plant at which ethanol is produced.
193.21 	(c) "Commissioner" means the commissioner of agriculture.
193.22 	(d) "Rural economic infrastructure" means the development of activities that will enhance 
193.23 	the value of agricultural crop or livestock commodities or by-products or waste from farming 
193.24 	operations through new and improved value-added conversion processes and technologies, 
193.25 	the development of more timely and efficient infrastructure delivery systems, and the 
193.26 	enhancement of marketing opportunities. "Rural economic infrastructure" also means land, 
193.27 	buildings, structures, fixtures, and improvements located or to be located in Minnesota and 
193.28 	used or operated primarily for the processing or the support of production of marketable 
193.29 	products from agricultural commodities or wind energy produced in Minnesota.

194.1 	Sec. 2. Minnesota Statutes 2024, section 45.027, subdivision 1, is amended to read:
194.2 		Subdivision 1.General powers. (a) In connection with the duties and responsibilities 
194.3 	entrusted to the commissioner, and Laws 1993, chapter 361, section 2, the commissioner 
194.4 	of commerce may:
194.5 	(1) make public or private investigations within or without this state as the commissioner 
194.6 	considers necessary to determine whether any person has violated or is about to violate any 
194.7 	law, rule, or order related to the duties and responsibilities entrusted to the commissioner;
194.8 	(2) require or permit any person to file a statement in writing, under oath or otherwise 
194.9 	as the commissioner determines, as to all the facts and circumstances concerning the matter 
194.10 	being investigated;
194.11 	(3) hold hearings, upon reasonable notice, in respect to any matter arising out of the 
194.12 	duties and responsibilities entrusted to the commissioner;
194.13 	(4) conduct investigations and hold hearings for the purpose of compiling information 
194.14 	related to the duties and responsibilities entrusted to the commissioner;
194.15 	(5) examine the books, accounts, records, and files of every licensee, and of every person 
194.16 	who is engaged in any activity regulated; the commissioner or a designated representative 
194.17 	shall have free access during normal business hours to the offices and places of business of 
194.18 	the person, and to all books, accounts, papers, records, files, safes, and vaults maintained 
194.19 	in the place of business;
194.20 	(6) publish information which is contained in any order issued by the commissioner;
194.21 	(7) require any person subject to duties and responsibilities entrusted to the commissioner, 
194.22 	to report all sales or transactions that are regulated. The reports must be made within ten 
194.23 	days after the commissioner has ordered the report. The report is accessible only to the 
194.24 	respondent and other governmental agencies unless otherwise ordered by a court of competent 
194.25 	jurisdiction; and
194.26 	(8) assess a natural person or entity subject to the jurisdiction of the commissioner the 
194.27 	necessary expenses of the investigation performed by the department when an investigation 
194.28 	is made by order of the commissioner. The cost of the investigation shall be determined by 
194.29 	the commissioner and is based on the salary cost of investigators or assistants and at an 
194.30 	average rate per day or fraction thereof so as to provide for the total cost of the investigation. 
194.31 	All money collected must be deposited into the general fund. A natural person or entity 
194.32 	licensed under chapter 60K, 82, or 82B shall not be charged costs of an investigation if the 
194.33 	investigation results in no finding of a violation. This clause does not apply to a natural 
195.1 	person or entity already subject to the assessment provisions of sections 60A.03 and 
195.2 	60A.031.; and
195.3 	(9) issue data calls.
195.4 	(b) For purposes of this section, "data call" means a written request from the 
195.5 	commissioner to two or more natural persons or entities subject to the commissioner's 
195.6 	jurisdiction to provide data or other information within a reasonable time period 
195.7 	commensurate with the volume and nature of the data required to be collected in the data 
195.8 	call for a specific, targeted regulatory oversight purpose. A data call is not market analysis, 
195.9 	as defined under section 60A.031, subdivision 4, paragraph (f), and is not subject to section 
195.10 	60A.033.

195.11 	Sec. 3. Minnesota Statutes 2024, section 45.027, is amended by adding a subdivision to 
195.12 	read:
195.13 		Subd. 1b.Data calls. (a) Information provided in response to a data call issued by the 
195.14 	commissioner: (1) must be treated as nonpublic data, as defined under section 13.02, 
195.15 	subdivision 9; and (2) is not subject to subpoena. If the commissioner performs a data call, 
195.16 	the commissioner may make the results available for public inspection in an aggregated 
195.17 	format and in such a manner as to not disclose the identity of a specific natural person or 
195.18 	entity, including the name of any natural person or entity who responded to the data call. 
195.19 	Prior to making the aggregated results of a data call available for public inspection, the 
195.20 	commissioner must provide all natural persons and entities that responded to the data call 
195.21 	15 days' notice of the information to be publicly released. Nothing in this subdivision requires 
195.22 	the commissioner to publicly release aggregated results from a data call. The results of a 
195.23 	data call that requests data for the National Association of Insurance Commissioners' Market 
195.24 	Conduct Annual Statement is subject to confidential treatment as provided under section 
195.25 	60A.031, subdivision 4, paragraph (f).
195.26 	(b) The commissioner may grant access to data submitted by insurers in response to a 
195.27 	data call issued by the commissioner with other state, federal, and international regulatory 
195.28 	agencies; with the National Association of Insurance Commissioners and its affiliates and 
195.29 	subsidiaries; and with state, federal, and international law enforcement authorities, provided 
195.30 	that the recipient agrees in writing to maintain the data as nonpublic data and has the legal 
195.31 	authority to maintain the data as nonpublic data.

196.1 	Sec. 4. Minnesota Statutes 2024, section 45.027, subdivision 2, is amended to read:
196.2 		Subd. 2.Power to compel production of evidence. For the purpose of any investigation, 
196.3 	hearing, proceeding, or inquiry related to the duties and responsibilities entrusted to the 
196.4 	commissioner, the commissioner or a designated representative may issue data calls,
196.5 	administer oaths and affirmations, subpoena witnesses, compel their attendance, take 
196.6 	evidence, and require the production of books, papers, correspondence, memoranda, 
196.7 	agreements, or other documents or records that the commissioner considers relevant or 
196.8 	material to the inquiry.
196.9 	A subpoena issued pursuant to this subdivision must state that the person to whom the 
196.10 	subpoena is directed may not disclose the fact that the subpoena was issued or the fact that 
196.11 	the requested records have been given to law enforcement personnel except:
196.12 	(1) insofar as the disclosure is necessary to find and disclose the records; or
196.13 	(2) pursuant to court order.

196.14 	Sec. 5. Minnesota Statutes 2024, section 45.24, is amended to read:
196.15 	45.24 LICENSE TECHNOLOGY FEES.
196.16 	(a) The commissioner may establish and maintain an electronic licensing database system 
196.17 	for license origination, renewal, and tracking the completion of continuing education 
196.18 	requirements by individual licensees who have continuing education requirements, and 
196.19 	other related purposes.
196.20 	(b) The commissioner shall pay for the cost of operating and maintaining the electronic 
196.21 	database system described in paragraph (a) through a technology surcharge imposed upon 
196.22 	the fee for license origination and renewal, for individual licenses that require continuing 
196.23 	education.
196.24 	(c) The surcharge permitted under paragraph (b) shall be up to $40 for each two-year 
196.25 	licensing period, except as otherwise provided in paragraph (f), and shall be payable at the 
196.26 	time of license origination and renewal.
196.27 	(d) The Commerce Department technology account is hereby created as an account in 
196.28 	the special revenue fund.
196.29 	(e) The commissioner shall deposit the surcharge permitted under this section in the 
196.30 	account created in paragraph (d), and funds in the account are appropriated to the 
196.31 	commissioner in the amounts needed for purposes of this section. The commissioner of 
196.32 	management and budget shall transfer an amount determined by the commissioner of 
197.1 	commerce from the account to the statewide electronic licensing system account under 
197.2 	section 16E.22 for the costs of the statewide licensing system attributable to the inclusion 
197.3 	of licenses subject to this section.
197.4 	(f) The commissioner shall may temporarily reduce or suspend the surcharge as necessary 
197.5 	if the balance in the account created in paragraph (d) exceeds $2,000,000 as of the end of
197.6 	June in any calendar year and shall must annually review the anticipated costs under 
197.7 	paragraph (b) to determine the amount to increase or decrease the surcharge as necessary
197.8 	to keep the fund balance at an adequate level but not in excess of $2,000,000.

197.9 	Sec. 6. Minnesota Statutes 2024, section 80A.66, is amended to read:
197.10 	80A.66 SECTION 411; POSTREGISTRATION REQUIREMENTS.
197.11 	(a) Financial requirements. Subject to Section 15(h) of the Securities Exchange Act 
197.12 	of 1934 (15 U.S.C. Section 78o(h)) or Section 222 of the Investment Advisers Act of 1940 
197.13 	(15 U.S.C. Section 80b-22), a rule adopted or order issued under this chapter may establish 
197.14 	minimum financial requirements for broker-dealers registered or required to be registered 
197.15 	under this chapter and investment advisers registered or required to be registered under this 
197.16 	chapter.
197.17 	(b) Financial reports. Subject to Section 15(h) of the Securities Exchange Act of 1934 
197.18 	(15 U.S.C. Section 78o(h)) or Section 222(b) of the Investment Advisers Act of 1940 (15 
197.19 	U.S.C. Section 80b-22), a broker-dealer registered or required to be registered under this 
197.20 	chapter and an investment adviser registered or required to be registered under this chapter 
197.21 	shall file such financial reports as are required by a rule adopted or order issued under this 
197.22 	chapter. If the information contained in a record filed under this subsection is or becomes 
197.23 	inaccurate or incomplete in a material respect, the registrant shall promptly file a correcting 
197.24 	amendment.
197.25 	(c) Record keeping. Subject to Section 15(h) of the Securities Exchange Act of 1934 
197.26 	(15 U.S.C. Section 78o(h)) or Section 222 of the Investment Advisers Act of 1940 (15 
197.27 	U.S.C. Section 80b-22):
197.28 	(1) a broker-dealer registered or required to be registered under this chapter and an 
197.29 	investment adviser registered or required to be registered under this chapter shall make and 
197.30 	maintain the accounts, correspondence, memoranda, papers, books, and other records 
197.31 	required by rule adopted or order issued under this chapter;
197.32 	(2) broker-dealer records required to be maintained under paragraph (1) may be 
197.33 	maintained in any form of data storage acceptable under Section 17(a) of the Securities 
198.1 	Exchange Act of 1934 (15 U.S.C. Section 78q(a)) if they are readily accessible to the 
198.2 	administrator; and
198.3 	(3) investment adviser records required to be maintained under paragraph (d)(1) may 
198.4 	be maintained in any form of data storage required by rule adopted or order issued under 
198.5 	this chapter.
198.6 	(d) Records and reports of private funds.
198.7 	(1) In general. An investment adviser to a private fund shall maintain such records of, 
198.8 	and file with the administrator such reports and amendments thereto, that an exempt reporting 
198.9 	adviser is required to file with the Securities and Exchange Commission pursuant to SEC 
198.10 	Rule 204-4, Code of Federal Regulations, title 17, section 275.204-4.
198.11 	(2) Treatment of records. The records and reports of any private fund to which an 
198.12 	investment adviser provides investment advice shall be deemed to be the records and reports 
198.13 	of the investment adviser.
198.14 	(3) Required information. The records and reports required to be maintained by an 
198.15 	investment adviser, which are subject to inspection by a representative of the administrator 
198.16 	at any time, shall include for each private fund advised by the investment adviser, a 
198.17 	description of:
198.18 	(A) the amount of assets under management;
198.19 	(B) the use of leverage, including off-balance-sheet leverage, as to the assets under 
198.20 	management;
198.21 	(C) counterparty credit risk exposure;
198.22 	(D) trading and investment positions;
198.23 	(E) valuation policies and practices of the fund;
198.24 	(F) types of assets held;
198.25 	(G) side arrangements or side letters, whereby certain investors in a fund obtain more 
198.26 	favorable rights or entitlements than other investors;
198.27 	(H) trading practices; and
198.28 	(I) such other information as the administrator determines is necessary and appropriate 
198.29 	in the public interest and for the protection of investors, which may include the establishment 
198.30 	of different reporting requirements for different classes of fund advisers, based on the type 
198.31 	or size of the private fund being advised.
199.1 	(4) Filing of records. A rule or order under this chapter may require each investment 
199.2 	adviser to a private fund to file reports containing such information as the administrator 
199.3 	deems necessary and appropriate in the public interest and for the protection of investors.
199.4 	(e) Audits or inspections. The records of a broker-dealer registered or required to be 
199.5 	registered under this chapter and of an investment adviser registered or required to be 
199.6 	registered under this chapter, including the records of a private fund described in paragraph 
199.7 	(d) and the records of investment advisers to private funds, are subject to such reasonable 
199.8 	periodic, special, or other audits or inspections by a representative of the administrator, 
199.9 	within or without this state, as the administrator considers necessary or appropriate in the 
199.10 	public interest and for the protection of investors. An audit or inspection may be made at 
199.11 	any time and without prior notice. The administrator may copy, and remove for audit or 
199.12 	inspection copies of, all records the administrator reasonably considers necessary or 
199.13 	appropriate to conduct the audit or inspection. The administrator may assess a reasonable 
199.14 	charge for conducting an audit or inspection under this subsection.
199.15 	(f) Custody and discretionary authority bond or insurance. Subject to Section 15(h) 
199.16 	of the Securities Exchange Act of 1934 (15 U.S.C. Section 78o(h)) or Section 222 of the 
199.17 	Investment Advisers Act of 1940 (15 U.S.C. Section 80b-22), a rule adopted or order issued 
199.18 	under this chapter may require a broker-dealer or investment adviser that has custody of or 
199.19 	discretionary authority over funds or securities of a customer or client to obtain insurance 
199.20 	or post a bond or other satisfactory form of security in an amount of at least $25,000, but 
199.21 	not to exceed $100,000. The administrator may determine the requirements of the insurance, 
199.22 	bond, or other satisfactory form of security. Insurance or a bond or other satisfactory form 
199.23 	of security may not be required of a broker-dealer registered under this chapter whose net 
199.24 	capital exceeds, or of an investment adviser registered under this chapter whose minimum 
199.25 	financial requirements exceed, the amounts required by rule or order under this chapter. 
199.26 	The insurance, bond, or other satisfactory form of security must permit an action by a person 
199.27 	to enforce any liability on the insurance, bond, or other satisfactory form of security if 
199.28 	instituted within the time limitations in section 80A.76(j)(2).
199.29 	(g) Requirements for custody. Subject to Section 15(h) of the Securities Exchange Act 
199.30 	of 1934 (15 U.S.C. Section 78o(h)) or Section 222 of the Investment Advisers Act of 1940 
199.31 	(15 U.S.C. Section 80b-22), an agent may not have custody of funds or securities of a 
199.32 	customer except under the supervision of a broker-dealer and an investment adviser 
199.33 	representative may not have custody of funds or securities of a client except under the 
199.34 	supervision of an investment adviser or a federal covered investment adviser. A rule adopted 
199.35 	or order issued under this chapter may prohibit, limit, or impose conditions on a broker-dealer 
200.1 	regarding custody of funds or securities of a customer and on an investment adviser regarding 
200.2 	custody of securities or funds of a client.
200.3 	(h) Investment adviser brochure rule. With respect to an investment adviser registered 
200.4 	or required to be registered under this chapter, a rule adopted or order issued under this 
200.5 	chapter may require that information or other record be furnished or disseminated to clients 
200.6 	or prospective clients in this state as necessary or appropriate in the public interest and for 
200.7 	the protection of investors and advisory clients.
200.8 	(i) Continuing education. A rule adopted or order issued under this chapter may require 
200.9 	an individual registered under section 80A.57 or 80A.58 to participate in a continuing 
200.10 	education program approved by the Securities and Exchange Commission and administered 
200.11 	by a self-regulatory organization, the North American Securities Administrators Association, 
200.12 	or the commissioner.

200.13 	Sec. 7. Minnesota Statutes 2024, section 80E.12, is amended to read:
200.14 	80E.12 UNLAWFUL ACTS BY MANUFACTURERS, DISTRIBUTORS, OR 
200.15 	FACTORY BRANCHES.
200.16 	It shall be unlawful for any manufacturer, distributor, or factory branch to require a new 
200.17 	motor vehicle dealer to do any of the following:
200.18 	(a) order or accept delivery of any new motor vehicle, part or accessory thereof, 
200.19 	equipment, or any other commodity not required by law which has not been voluntarily 
200.20 	ordered by the new motor vehicle dealer, provided that this paragraph does not modify or 
200.21 	supersede reasonable provisions of the franchise requiring the dealer to market a 
200.22 	representative line of the new motor vehicles the manufacturer or distributor is publicly 
200.23 	advertising;
200.24 	(b) order or accept delivery of any new motor vehicle, part or accessory thereof, 
200.25 	equipment, or any other commodity not required by law in order for the dealer to obtain 
200.26 	delivery of any other motor vehicle ordered by the dealer;
200.27 	(c) order or accept delivery of any new motor vehicle with special features, accessories, 
200.28 	or equipment not included in the list price of the motor vehicles as publicly advertised by 
200.29 	the manufacturer or distributor;
200.30 	(d) participate monetarily in an advertising campaign or contest, or to purchase any 
200.31 	promotional materials, showroom, or other display decorations or materials at the expense 
200.32 	of the new motor vehicle dealer;
201.1 	(e) enter into any agreement with the manufacturer or to do any other act prejudicial to 
201.2 	the new motor vehicle dealer by threatening to cancel a franchise or any contractual 
201.3 	agreement existing between the dealer and the manufacturer. Notice in good faith to any 
201.4 	dealer of the dealer's violation of any terms of the franchise agreement shall not constitute 
201.5 	a violation of sections 80E.01 to 80E.17;
201.6 	(f) change the capital structure of the new motor vehicle dealer or the means by or 
201.7 	through which the dealer finances the operation of the dealership; provided, that the new 
201.8 	motor vehicle dealer at all times meets any reasonable capital standards agreed to by the 
201.9 	dealer; and also provided, that no change in the capital structure shall cause a change in the 
201.10 	principal management or have the effect of a sale of the franchise without the consent of 
201.11 	the manufacturer or distributor as provided in section 80E.13, paragraph (j);
201.12 	(g) prevent or attempt to prevent, by contract or otherwise, any motor vehicle dealer 
201.13 	from changing the executive management control of the new motor vehicle dealer unless 
201.14 	the franchisor proves that the change of executive management will result in executive 
201.15 	management control by a person who is not of good moral character or who does not meet 
201.16 	the franchisor's existing reasonable capital standards and, with consideration given to the 
201.17 	volume of sales and services of the new motor vehicle dealer, uniformly applied minimum 
201.18 	business experience standards in the market area; provided, that where the manufacturer, 
201.19 	distributor, or factory branch rejects a proposed change in executive management control, 
201.20 	the manufacturer, distributor, or factory branch shall give written notice of its reasons to 
201.21 	the dealer;
201.22 	(h) refrain from participation in the management of, investment in, or the acquisition 
201.23 	of, any other line of new motor vehicle or related products or establishment of another make 
201.24 	or line of new motor vehicles in the same dealership facilities as those of the manufacturer; 
201.25 	provided, however, that this clause does not apply unless the new motor vehicle dealer 
201.26 	maintains a reasonable line of credit for each make or line of new motor vehicle, and that 
201.27 	the new motor vehicle dealer remains in substantial compliance with the terms and conditions 
201.28 	of the franchise and with any reasonable facilities requirements of the manufacturer and 
201.29 	that the acquisition or addition is not unreasonable in light of all existing circumstances; 
201.30 	provided further that if a manufacturer determines to deny a dealer's request for a change 
201.31 	described in this paragraph, such denial must be in writing, must offer an analysis of the 
201.32 	grounds for the denial addressing the criteria contained in this paragraph, and must be 
201.33 	delivered to the new motor vehicle dealer within 60 days after the manufacturer receives 
201.34 	the completed application or documents customarily used by the manufacturer for dealer 
201.35 	actions described in this paragraph. If a denial that meets the requirements of this paragraph 
202.1 	is not sent within this period, the manufacturer shall be deemed to have given its consent 
202.2 	to the proposed change.
202.3 	For purposes of this section and sections 80E.07, subdivision 1, paragraph (c), and 80E.14, 
202.4 	subdivision 4, reasonable facilities requirements shall not include a requirement that a dealer 
202.5 	establish or maintain exclusive facilities for the manufacturer of a line make unless 
202.6 	determined to be reasonable in light of all existing circumstances or the dealer and the 
202.7 	manufacturer voluntarily agree to such a requirement and separate and adequate consideration 
202.8 	was offered and accepted;
202.9 	(i) during the course of the agreement, change the location of the new motor vehicle 
202.10 	dealership or make any substantial alterations to the dealership premises during the course 
202.11 	of the agreement, when to do so would be unreasonable or if the manufacturer fails to 
202.12 	provide the dealer 180 days' prior written notice of a required change in location or substantial 
202.13 	premises alteration; or
202.14 	(j) prospectively assent to a release, assignment, novation, waiver, or estoppel whereby 
202.15 	a dealer relinquishes any rights under sections 80E.01 to 80E.17, or which would relieve 
202.16 	any person from liability imposed by sections 80E.01 to 80E.17 or to require any controversy 
202.17 	between a new motor vehicle dealer and a manufacturer, distributor, or factory branch to 
202.18 	be referred to any person or tribunal other than the duly constituted courts of this state or 
202.19 	the United States, if the referral would be binding upon the new motor vehicle dealer.; or
202.20 	(k) refrain from participation in an auto show described in section 168.27, subdivision 
202.21 	10a.

202.22 	EFFECTIVE DATE. This section is effective the day following final enactment.

202.23 	Sec. 8. Minnesota Statutes 2024, section 82B.19, subdivision 5, is amended to read:
202.24 		Subd. 5.Out-of-state continuing education credit. (a) For purposes of this subdivision, 
202.25 	the following terms have the meanings given:
202.26 	(1) "asynchronous educational offering" has the meaning given in the most recent version 
202.27 	of the Real Property Appraiser Qualification Criteria, as established by the Appraiser 
202.28 	Qualifications Board; and
202.29 	(2) "synchronous educational offering" has the meaning given in the most recent version 
202.30 	of the Real Property Appraiser Qualification Criteria, as established by the Appraiser 
202.31 	Qualifications Board, and includes an educational process based on live or real-time 
202.32 	instruction where there is no geographic separation of instructor and student.
203.1 	(b) Notwithstanding section 45.30, subdivisions 1 and 6, a real estate appraiser or course 
203.2 	provider may submit, in a form prescribed by the commissioner, an application for continuing 
203.3 	education credit for a synchronous educational offering that has not been submitted for prior 
203.4 	approval in Minnesota. The commissioner must grant a real estate appraiser continuing 
203.5 	education credit if:
203.6 	(1) the application is submitted on or before August 1 of the year in which the real estate 
203.7 	appraiser license is due for renewal;
203.8 	(2) the synchronous educational offering has been approved for continuing education 
203.9 	credit by the regulator of real estate appraisers in at least one other state or United States 
203.10 	territory; and
203.11 	(3) an application is submitted by the real estate appraiser or course provider to the 
203.12 	commissioner within 30 60 days of successful completion of the synchronous educational 
203.13 	offering.
203.14 	(c) The application must include a certificate of successful completion from the 
203.15 	synchronous educational offering provider. The commissioner must grant a real estate 
203.16 	appraiser the same number of continuing education credits for the successful completion 
203.17 	of the synchronous educational offering as was approved for the offering by the out-of-state 
203.18 	real estate appraiser regulatory authority. The commissioner must grant a real estate appraiser 
203.19 	continuing education credit within 60 days of the submission of the completed application 
203.20 	for out-of-state continuing education credit.
203.21 	(d) The commissioner may charge a fee to a real estate appraiser, in an amount to be 
203.22 	determined by the commissioner, to submit an application under this subdivision.
203.23 	(e) This subdivision does not apply to asynchronous educational offerings.

203.24 	Sec. 9. Minnesota Statutes 2024, section 168.27, is amended by adding a subdivision to 
203.25 	read:
203.26 		Subd. 10a.Participation in auto shows. (a) A new motor vehicle dealer may participate 
203.27 	in an auto show outside the county where the dealer maintains the dealer's licensed location 
203.28 	to sell new vehicles without obtaining an additional license if:
203.29 	(1) the dealer participates in an auto show that takes place in a county other than the 
203.30 	county where the dealer maintains a licensed location not more than four times during any 
203.31 	calendar year;
204.1 	(2) the auto show is held at a location in a city of the first class or a city immediately 
204.2 	adjacent to a city of the first class;
204.3 	(3) the auto show is not held at a licensed location of any participating dealer;
204.4 	(4) there are ten or more dealers participating in the auto show;
204.5 	(5) the auto show is of a duration of no more than 12 consecutive days;
204.6 	(6) the auto show is conducted by a trade association exempt from federal taxes under 
204.7 	United States Code, title 26, section 501(c)(6); and
204.8 	(7) the auto show expressly prohibits:
204.9 	(i) the sale or lease of vehicles at the show;
204.10 	(ii) labeling or marking vehicles as "For Sale" or "Sold";
204.11 	(iii) labeling or marking a vehicle with a price other than the manufacturer's retail price 
204.12 	label;
204.13 	(iv) using printed posters, cards, and other printed materials that contain special dealership 
204.14 	pricing; and
204.15 	(v) appraisal of trade-in vehicles and quoting a trade-in price for a particular vehicle.
204.16 	(b) The auto show may permit:
204.17 	(1) exhibitor staff to distribute business cards, coupons, vehicle promotional materials, 
204.18 	and factory-approved rebates;
204.19 	(2) exhibitor staff to make appointments for potential customers to visit the dealership, 
204.20 	collect names of customer leads for later contact, and discuss the suggested retail price of 
204.21 	a vehicle and the availability of particular lines of vehicles; and
204.22 	(3) test rides or test drives of new vehicles but only under a program conducted by the 
204.23 	auto show.

204.24 	EFFECTIVE DATE. This section is effective the day following final enactment.

204.25 	Sec. 10. Minnesota Statutes 2024, section 239.761, subdivision 3, is amended to read:
204.26 		Subd. 3.Gasoline. (a) Gasoline that is not blended with biofuel must not be contaminated 
204.27 	with water or other impurities and must comply with ASTM specification D4814-11b
204.28 	D4814-24a. Gasoline that is not blended with biofuel must also comply with the volatility 
204.29 	requirements in Code of Federal Regulations, title 40, part 1090.
205.1 	(b) After gasoline is sold, transferred, or otherwise removed from a refinery or terminal, 
205.2 	a person responsible for the product:
205.3 	(1) may blend the gasoline with agriculturally derived ethanol as provided in subdivision 
205.4 	4;
205.5 	(2) shall not blend the gasoline with any oxygenate other than biofuel;
205.6 	(3) shall not blend the gasoline with other petroleum products that are not gasoline or 
205.7 	biofuel;
205.8 	(4) shall not blend the gasoline with products commonly and commercially known as 
205.9 	casinghead gasoline, absorption gasoline, condensation gasoline, drip gasoline, or natural 
205.10 	gasoline; and
205.11 	(5) may blend the gasoline with a detergent additive, an antiknock additive, or an additive 
205.12 	designed to replace tetra-ethyl lead, that is registered by the EPA.

205.13 	Sec. 11. Minnesota Statutes 2024, section 239.761, subdivision 4, is amended to read:
205.14 		Subd. 4.Gasoline blended with ethanol; general. (a) Gasoline may be blended with 
205.15 	agriculturally derived, denatured ethanol that complies with the requirements of subdivision 
205.16 	5.
205.17 	(b) A gasoline-ethanol blend must:
205.18 	(1) comply with the volatility requirements in Code of Federal Regulations, title 40, part 
205.19 	1090;
205.20 	(2) comply with ASTM specification D4814-11b D4814-24a, or the gasoline base stock 
205.21 	from which a gasoline-ethanol blend was produced must comply with ASTM specification 
205.22 	D4814-11b D4814-24a; and
205.23 	(3) not be blended with casinghead gasoline, absorption gasoline, condensation gasoline, 
205.24 	drip gasoline, or natural gasoline after the gasoline-ethanol blend has been sold, transferred, 
205.25 	or otherwise removed from a refinery or terminal.

205.26 	Sec. 12. Minnesota Statutes 2024, section 239.761, subdivision 5, is amended to read:
205.27 		Subd. 5.Denatured ethanol. Denatured ethanol that is to be blended with gasoline must 
205.28 	be agriculturally derived and must comply with ASTM specification D4806-11a D4806-21a. 
205.29 	This includes the requirement that ethanol may be denatured only as specified in Code of 
205.30 	Federal Regulations, title 27, parts 20 and 21.

206.1 	Sec. 13. Minnesota Statutes 2024, section 239.761, subdivision 6, is amended to read:
206.2 		Subd. 6.Gasoline blended with nonethanol oxygenate. (a) A person responsible for 
206.3 	the product shall comply with the following requirements:
206.4 	(1) after July 1, 2000, gasoline containing in excess of one-third of one percent, in total, 
206.5 	of nonethanol oxygenates listed in paragraph (b) must not be sold or offered for sale at any 
206.6 	time in this state; and
206.7 	(2) after July 1, 2005, gasoline containing any of the nonethanol oxygenates listed in 
206.8 	paragraph (b) must not be sold or offered for sale in this state.
206.9 	(b) The oxygenates prohibited under paragraph (a) are:
206.10 	(1) methyl tertiary butyl ether, as defined in section 296A.01, subdivision 34;
206.11 	(2) ethyl tertiary butyl ether, as defined in section 296A.01, subdivision 18; or
206.12 	(3) tertiary amyl methyl ether.
206.13 	(c) Gasoline that is blended with a nonethanol oxygenate must comply with ASTM 
206.14 	specification D4814-11b D4814-24a. Nonethanol oxygenates must not be blended into 
206.15 	gasoline after the gasoline has been sold, transferred, or otherwise removed from a refinery 
206.16 	or terminal.

206.17 	Sec. 14. Minnesota Statutes 2024, section 239.791, subdivision 11, is amended to read:
206.18 		Subd. 11.Exemption for motor sports racing. (a) A person responsible for the product 
206.19 	may offer for sale, sell, or dispense at a public or private racecourse or a retail gasoline 
206.20 	station, gasoline that is not oxygenated in accordance with subdivision 1 if the gasoline is 
206.21 	intended to be used exclusively as a fuel for off-highway motor sports racing events.
206.22 	(b) No more than one storage tank on the premises of a retail gasoline station may be 
206.23 	used for the storage of nonoxygenated motor sports racing gasoline that is offered for sale, 
206.24 	sold, or dispensed at the station. The pump stand at the station must be posted with a 
206.25 	permanent, conspicuously placed notice in full view of consumers stating: "FOR USE IN 
206.26 	OFF-HIGHWAY MOTOR SPORTS ENGINES ONLY."

206.27 	Sec. 15. Minnesota Statutes 2024, section 296A.01, subdivision 20, is amended to read:
206.28 		Subd. 20.Ethanol, denatured. "Ethanol, denatured" means ethanol that is to be blended 
206.29 	with gasoline, has been agriculturally derived, and complies with ASTM specification 
206.30 	D4806-11a D4806-21a. This includes the requirement that ethanol may be denatured only 
206.31 	as specified in Code of Federal Regulations, title 27, parts 20 and 21.

207.1 	Sec. 16. Minnesota Statutes 2024, section 296A.01, subdivision 23, is amended to read:
207.2 		Subd. 23.Gasoline. (a) "Gasoline" means:
207.3 	(1) all products commonly or commercially known or sold as gasoline regardless of 
207.4 	their classification or uses, except casinghead gasoline, absorption gasoline, condensation 
207.5 	gasoline, drip gasoline, or natural gasoline that under the requirements of section 239.761, 
207.6 	subdivision 3, must not be blended with gasoline that has been sold, transferred, or otherwise 
207.7 	removed from a refinery or terminal; and
207.8 	(2) any liquid prepared, advertised, offered for sale or sold for use as, or commonly and 
207.9 	commercially used as, a fuel in spark-ignition, internal combustion engines, and that when 
207.10 	tested by the Weights and Measures Division meets the specifications in ASTM specification 
207.11 	D4814-11b D4814-24a.
207.12 	(b) Gasoline that is not blended with ethanol must not be contaminated with water or 
207.13 	other impurities and must comply with both ASTM specification D4814-11b D4814-24a
207.14 	and the volatility requirements in Code of Federal Regulations, title 40, part 1090.
207.15 	(c) After gasoline is sold, transferred, or otherwise removed from a refinery or terminal, 
207.16 	a person responsible for the product:
207.17 	(1) may blend the gasoline with agriculturally derived ethanol, as provided in subdivision 
207.18 	24;
207.19 	(2) must not blend the gasoline with any oxygenate other than denatured, agriculturally 
207.20 	derived ethanol;
207.21 	(3) must not blend the gasoline with other petroleum products that are not gasoline or 
207.22 	denatured, agriculturally derived ethanol;
207.23 	(4) must not blend the gasoline with products commonly and commercially known as 
207.24 	casinghead gasoline, absorption gasoline, condensation gasoline, drip gasoline, or natural 
207.25 	gasoline; and
207.26 	(5) may blend the gasoline with a detergent additive, an antiknock additive, or an additive 
207.27 	designed to replace tetra-ethyl lead, that is registered by the EPA.

207.28 	Sec. 17. Minnesota Statutes 2024, section 296A.01, subdivision 24, is amended to read:
207.29 		Subd. 24.Gasoline blended with nonethanol oxygenate. "Gasoline blended with 
207.30 	nonethanol oxygenate" means gasoline blended with ETBE, MTBE, or other alcohol or 
207.31 	ether, except denatured ethanol, that is approved as an oxygenate by the EPA, and that 
207.32 	complies with ASTM specification D4814-11b D4814-24a. Oxygenates, other than denatured 
208.1 	ethanol, must not be blended into gasoline after the gasoline has been sold, transferred, or 
208.2 	otherwise removed from a refinery or terminal.

208.3 	Sec. 18. [325F.677] AVAILABILITY OF WATER AT PLACES OF 
208.4 	ENTERTAINMENT.
208.5 		Subdivision 1.Definition. For purposes of this section, "place of entertainment" has the 
208.6 	meaning given in section 325F.676, subdivision 1, paragraph (h).
208.7 		Subd. 2.Available water requirement. When occupancy exceeds 100 attendees and 
208.8 	when an attendee must have a ticket in order to access the place of entertainment, a place 
208.9 	of entertainment must provide attendees with access to potable water by:
208.10 	(1) providing water at no cost to the attendees;
208.11 	(2) allowing attendees to bring factory-sealed bottled water into the place of 
208.12 	entertainment; or
208.13 	(3) allowing attendees to bring an empty water bottle to the place of entertainment and 
208.14 	providing attendees with access to potable water to fill the bottle. A place of entertainment 
208.15 	may prohibit certain types and sizes of water bottles in order to protect the safety of others.
208.16 		Subd. 3.Exceptions. A museum exhibit gallery or presentation space where beverages 
208.17 	are prohibited is not required to allow water into the museum exhibit gallery or presentation 
208.18 	space if water is available at no cost in an accessible location outside of the museum exhibit 
208.19 	gallery or presentation space.

208.20 	Sec. 19. SECURITIES BROKER-DEALER CONDUCT; EXPEDITED 
208.21 	RULEMAKING.
 208.22 	The commissioner of commerce must adopt rules amending Minnesota Rules, part 
208.23 	2876.5021, to reflect that NASD is now referred to as FINRA and to comply with FINRA's 
208.24 	new securities broker-dealer conduct rules. The commissioner of commerce may use the 
208.25 	expedited rulemaking process under Minnesota Statutes, section 14.389, to amend Minnesota 
208.26 	Rules, part 2876.5021, under this section.

208.27 	Sec. 20. REPEALER.
 208.28 	Minnesota Statutes 2024, sections 325F.02; 325F.03; 325F.04; 325F.05; 325F.06; and 
208.29 	325F.07, are repealed.

	ARTICLE 1	FINANCIAL INSTITUTIONS........	Page.Ln 2.2	
	ARTICLE 2	INSURANCE........	Page.Ln 22.24	
	ARTICLE 3	LIMITED LONG-TERM CARE INSURANCE........	Page.Ln 29.20	
	ARTICLE 4	MEDICARE SUPPLEMENT INSURANCE........	Page.Ln 37.25	
	ARTICLE 5	INSURANCE HOLDING COMPANY SYSTEMS........	Page.Ln 50.1	
	ARTICLE 6	MINNESOTA BUSINESS CORPORATIONS ACT........	Page.Ln 72.1	
	ARTICLE 7	GARNISHMENT FORMS........	Page.Ln 93.1	
	ARTICLE 8	MISCELLANEOUS COMMERCE PROVISIONS........	Page.Ln 193.9	

APPENDIX 

Repealed Minnesota Statutes: H2403-1 

62A.3099 DEFINITIONS.Subd. 18b.Open enrollment period. 
"Open enrollment period" means the time period described in Code of Federal Regulations, title 42, section 422.62, paragraph (a), clauses (2) to (4), as amended. 

62A.31 MEDICARE SUPPLEMENT BENEFITS; MINIMUM STANDARDS.Subd. 1w.Open enrollment. 
A medicare supplement policy or certificate must not be sold or issued to an eligible individual outside of the time periods described in subdivision 1u. 

65B.10 ELIGIBILITY.Subd. 3.Review of insureds. 
At least annually, every member shall review every private passenger nonfleet applicant which it insures through the facility and determine whether or not such applicant is acceptable for voluntary insurance at a rate lower than the facility rate. If such applicant is acceptable, the member shall make an offer to insure the applicant under voluntary coverage at such lower rate. 

325F.02 MANUFACTURE, STORAGE, OR SALE OF MATCHES.Subdivision 1.Safety matches. 
No person, association, or corporation shall manufacture, store, offer for sale, sell, or otherwise dispose of, or distribute, white phosphorus, single-dipped, strike-anywhere matches of the type popularly known as "parlor matches", or any type of double-dipped matches, unless the bulb or first dip of such match is composed of a so-called safety or inert composition, nonignitable on an abrasive surface. No person, association, or corporation shall manufacture, store, sell, offer for sale, or otherwise dispose of, or distribute, matches which will ignite in a laboratory oven at a temperature of less than 200 degrees Fahrenheit when subjected in such laboratory oven to a gradually increasing heat and maintained at the before stated continuous temperature for a period of not less than eight hours, or blazer or so-called wind matches, whether of the so-called safety or strike-anywhere type. 

Subd. 2.Brands and trademarks. 
No person, association, or corporation shall offer for sale, sell or otherwise dispose of, or distribute, any matches, unless the package or container in which such matches are packed bears, plainly marked on the outside thereof, the name of the manufacturer and the brand or trademark under which such matches are sold, disposed of, or distributed. 

Subd. 3.How kept in retail stores. 
Not more than one case of each brand of matches of any type or manufacture shall be opened at any one time in any retail store where matches are sold or otherwise disposed of; nor shall loose boxes, or paper-wrapped packages, of matches be kept on shelves or stored in retail stores at a height exceeding five feet from the floor. 

Subd. 4.Storage in warehouses. 
All matches stored in warehouses, excepting manufacturer's warehouse at place of manufacture, which contain automatic sprinkler equipment, must be kept only in properly secured cases, and not piled to a height exceeding ten feet from the floor; nor be stored within a horizontal distance of ten feet from any boiler, furnace, stove, or other like heating apparatus, nor within a horizontal distance of 25 feet from any explosive material kept or stored on the same floor. 

Subd. 5.Boxes, how made. 
All matches shall be packed in boxes or suitable packages, containing not more than 700 matches in any one box or package; provided, that when more than 300 matches are packed in any one box or package, the matches shall be arranged in two nearly equal portions, the heads of the matches in the two portions shall be placed in opposite directions; and all boxes containing 350 or more matches shall have placed over the matches a center holding or protecting strip, made of chipboard, not less than 1-1/4 inches wide, which shall be flanged down to hold the matches in position when the box is nested into the shuck or withdrawn from it. 

Subd. 6.Containers or cases; number of boxes or packages; how marked. 
All match boxes or packages shall be packed in strong shipping containers or cases; maximum number of match boxes or packages contained in any one shipping container or case shall not exceed the following number: 

	Number of boxes		Numerical number ofmatches per box	
	1/2 gross	........	700	
	1 gross	........	500	
	2 gross	........	400	
	3 gross	........	300	
	5 gross	........	200	
	12 gross	........	100	
	20 gross	........	Over 50 and under 100	
	25 gross	........	Under 50	

No shipping container or case constructed of fiberboard, corrugated fiberboard, or wood, nailed or wire-bound, containing matches, shall have a weight, including its contents, exceeding 75 pounds; and no lock-cornered wood case containing matches shall have a weight, including its contents, exceeding 85 pounds; nor shall any other article or commodity be packed with matches in any container or case; and all shipping containers or cases containing strike-anywhere matches shall have plainly marked on the outside thereof the words "strike-anywhere matches," and all shipping containers or cases containing "strike on box" matches shall have plainly marked on the outside thereof the words "strike on box matches." 

Subd. 7.Violations; penalties. 
Any person, association, or corporation violating any of the provisions of this section shall be fined, for the first offense, not less than $5 nor more than $25 and for each subsequent violation, not less than $25. 

325F.03 FLAME RESISTANT PUBLIC ASSEMBLY TENTS.
No person, firm or corporation shall establish, maintain or operate any circus, side show, carnival, tent show, theater, skating rink, dance hall, or a similar exhibition, production, engagement or offering or other place of assemblage in or under which 15 or more persons may gather for any lawful purpose in any tent, awning or other fabric enclosure unless such tent, awning or other fabric enclosure, and all auxiliary tents, curtains, drops, awnings and all decorative materials, are made from a nonflammable material or are treated and maintained in a flame resistant condition. This section does not apply to tents designed or manufactured for camping, backpacking, mountaineering, or children's play; tents used to conduct committal services on the grounds of a cemetery; nor to tents, awnings or other fabric enclosures erected and used within a sound stage, or other similar structural enclosure which is equipped with an overhead automatic sprinkler system. 

325F.04 FLAME RESISTANT TENTS.
No person, firm, or corporation may sell or offer for sale or manufacture for sale in this state any tent subject to section 325F.03 unless all fabrics or pliable materials in the tent are durably flame resistant. Tents subject to section 325F.03 shall be conspicuously labeled as being durably flame resistant. 

325F.05 RULES.
The commissioner of public safety shall act so as to have effective rules concerning standards for durably flame resistant materials and for labeling requirements under sections 325F.03 and 325F.04. In order to comply with sections 325F.03 and 325F.04, all materials and labels must comply with the rules adopted by the commissioner. The commissioner has general rulemaking power to otherwise implement sections 325F.03 to 325F.07. 

325F.06 CIVIL PENALTIES.
Any firm or corporation who violates sections 325F.03 to 325F.05 shall be strictly liable for any damage which occurs to any person as a result of such violation. In addition, any seller shall refund the full purchase price of any item sold in violation of section 325F.04 upon return of the item by the buyer. 

325F.07 CRIMINAL PENALTY.
Any person, firm or corporation which violates sections 325F.03 to 325F.05 is guilty of a misdemeanor. 

Repealed Minnesota Session Laws: H2403-1 

Laws 2023, chapter 57, article 2, section 66
Sec. 66. REPEALER. Minnesota Statutes 2022, section 62A.31, subdivisions 1b and 1i, are repealed.
EFFECTIVE DATE. 
This section is effective August 1, 2025, and applies to policies offered, issued, or renewed on or after that date.